
Correct balances
The world’s first complete set of regulations for crypto markets has been established by the EU.
They are anticipated to get final clearance soon and go into effect in 2024.
According to Mr. Griffith, the UK regulations could be expanded to cover decentralized finance, and everyone would gain from more transparency.
He told the committee, “We want the proper regime, managed in the correct way, that has the right balances in it.
In order to “expose us as regulators and decision makers,” he also promised to host “at least” six roundtables with those in the cryptocurrency industry.

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