The Government said that it hopes the new legislation will allow the benefits of crypto technology to be realised. (Dominic Lipinski/PA)
(Picture: PA Archive)The government has unveiled plans to regulate the crypto market as part of a bid to protect consumers in the wake of the FTX scandal.
Fresh rules are set to be introduced for crypto trading platforms in addition to a new, stricter regime for crypto lending as part of a consultation launched today. Crypto activity, rather than crypto assets themselves, will be subject to the new rules, according to the consultation.
