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The UK to Enforce 'Robust' Standards in the Crypto Industry After FTX Crash

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Rishi Sunak's administration plans to implement 'robust, transparent, and fair standards' on the domestic cryptocurrency industry.

The UK to Enforce ‘Robust’ Standards in the Crypto Industry After FTX CrashRishi Sunak’s administration plans to implement “robust, transparent, and fair standards” on the domestic cryptocurrency industry.

The recently-appointed Prime Minister – Rishi Sunak – is known as an advocate of blockchain technology, arguing the country should emerge as “a global cryptoasset technology hub.”revealed “We remain steadfast in our commitment to grow the economy and enable technological change and innovation – and this includes cryptoasset technology. But we must also protect consumers who are embracing this new technology – ensuring robust, transparent, and fair standards.”

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