The News Crypto
2023-07-20 16:37:43

UK’s HM Treasury Rejects Labeling Crypto Trading as Gambling

The United Kingdom’s HM Treasury “firmly disagrees” with a suggestion by the House of Commons Treasury Committee to label cryptocurrency trading as gambling. In May of 2023, a cross-party Committee of MPs recommended the new legislation. In its formal report, the Committee noted that crypto assets had “no intrinsic value”

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