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UK Finalizing Plans for Crypto Regulation After FTX Implosion

Washington Starting to Focus on FTX Fallout
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The UK is finalizing plans for regulation of the crypto sector, moving ahead with plans to make Britain a hub for the industry as it grapples with the fallout from FTX’s collapse.

The Treasury will shortly launch a consultation on the new regulatory regime, according to people familiar with the matter, who asked not be named discussing private matter.