{"id":444756,"date":"2022-05-10T18:21:36","date_gmt":"2022-05-10T15:21:36","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uk-government-targets-crypto-in-latest-legislative-agenda\/"},"modified":"2022-05-10T18:21:36","modified_gmt":"2022-05-10T15:21:36","slug":"uk-government-targets-crypto-in-latest-legislative-agenda","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uk-government-targets-crypto-in-latest-legislative-agenda\/","title":{"rendered":"# UK government targets crypto in latest legislative agenda"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3fd1975e3b3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3fd1975e3b3\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/uk-government-targets-crypto-in-latest-legislative-agenda\/#%E2%80%9D_UK_government_targets_crypto_in_latest_legislative_agenda_%E2%80%9C\" >&#8221; UK government targets crypto in latest legislative agenda &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_UK_government_targets_crypto_in_latest_legislative_agenda_%E2%80%9C\"><\/span>&#8221; UK government targets crypto in latest legislative agenda &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvODEyMDYxMzgtMWRlYi00ZDc4LTkwZWUtOTJjYmUyOTIwMGZjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The United Kingdom has introduced two bills both concerning the seizure and support for cryptocurrencies as part of Prince Charles&#8217; remarks at the State Opening of Parliament.<\/p>\n<p>In a Tuesday publication released by the U.K. Prime Minister\u2019s Office, the government <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/1074113\/Lobby_Pack_10_May_2022.pdf\">said<\/a> it will address crypto regulation in the country with the introduction of the Financial Services and Markets Bill and Economic Crime and Corporate Transparency Bill. The former aims to strengthen the country\u2019s financial services industry, including by supporting \u201cthe safe adoption of cryptocurrencies.\u201d According to the proposed financial services law, the measure will \u201c[cut] red tape in the financial sector\u201d in an effort to attract investors to the United Kingdom. <\/p>\n<p>The crime bill proposed \u201ccreating powers to more quickly and easily seize and recover crypto assets\u201d in order to mitigate risks for individuals targeted by ransomware attacks. The publication said the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> and economic costs due to financial crimes were estimated at \u00a38.4 billion annually \u2014 more than $10.3 billion at the time of publication.<\/p>\n<p>Tuesday\u2019s State Opening of Parliament was the first time the Queen was unable to attend since 1963 due to reported mobility problems. However, the Prime Minister\u2019s Office still <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/speeches\/queens-speech-2022\">referred<\/a> to the legislative agenda addressing economic issues, crime, the ongoing pandemic, and leadership as \u201cthe Queen\u2019s Speech.\u201d Prince William and the Duchess of Cornwall were also in attendance. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In support of Her Majesty The Queen, The Prince of Wales, The Duchess of Cornwall and The Duke of Cambridge attended the State Opening of Parliament at the House of Lords this morning. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/oQN00jTVij\">pic.twitter.com\/oQN00jTVij<\/a><\/p>\n<p>\u2014 The Prince of Wales and The Duchess of Cornwall (@ClarenceHouse) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ClarenceHouse\/status\/1524002492136181760?ref_src=twsrc%5Etfw\">May 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<strong><em>Related: <\/em><\/strong><strong><em>The new HM Treasury regulations: The good, the bad and the ugly<\/em><\/strong><\/p>\n<p>The Queen\u2019s speech followed the United Kingdom&#8217;s Economic and Finance Ministry declaring in April it intended to \u201ctake the necessary legislative steps\u201d to bring stablecoins into its regulatory framework as part of a \u201cpackage of measures\u201d aimed at incorporating crypto assets and blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>. The Financial Conduct Authority and Bank of England have also called for crypto firms to enforce sanctions imposed on Russia following the invasion of Ukraine.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/uk-government-targets-crypto-in-latest-legislative-agenda\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; UK government targets crypto in latest legislative agenda &#8220; The United Kingdom has introduced two bills both concerning the seizure and support for cryptocurrencies as part of Prince Charles&#8217; remarks at the State Opening of Parliament. In a Tuesday publication released by the U.K. Prime Minister\u2019s Office, the government said it will address crypto&#8230;<\/p>\n","protected":false},"author":1,"featured_media":444757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvODEyMDYxMzgtMWRlYi00ZDc4LTkwZWUtOTJjYmUyOTIwMGZjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,55229,70934,4966],"class_list":["post-444756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-law","tag-regulation","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/444756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=444756"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/444756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/444757"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=444756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=444756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=444756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}