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The European Union approved the world's first set of comprehensive potential of the crypto industry,". Britain, which wants to become a global hub for crypto and its underlying blockchain technology, is planning its first rules only comply with anti-money laundering.
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Benham noted that, unlike other commodities CFTC regulates where participants are often large insitutions or wealthy individuals, crypto has ï¿½more vulnerable. UK authorities should regulate cryptocurrency trading as a form of gambling rather than a financial service, parliament's Treasury committee. Bitcoin symbol and gavel to regulate cryptocurrencies market. getty. There is a common misperception that the digital-assets industry is not.