UK Finance Minister announces laws to boost digital asset industry
On November 23rd, the UK's digital asset industry received a boost as announced in the Chancellor's Autumn Statement outlining 110 measures for national economic growth. This includes a government initiative aimed at promoting the expansion of the digital asset industry. The UK government will legislate the Digital Securities Sandbox (DSS) to promote the adoption of digital assets in financial markets. The budget statement states: "The government will introduce a legislative framework to establish a DSS and plans to implement a financial market infrastructure sandbox by 2023."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutional Investors Are Secretly Buying These 4 Memecoins—Could They Deliver 4000% Returns in the 2025 Bull Market?
Are You Using the Right Wallet in 2024? Plus Wallet vs Trust Wallet – Find Out Now!
SUI’s Narwhal Shifts Blockchain Paradigm with Fast and Reliable Verification
Samson Mow Encourages Germany to Add Bitcoin to Its Reserves