The bank of Englad is set to sketch the first regulatory framework for crypto. According to the institution, the industry could pose risks to financial stability without being unregulated. The Bank mentioned that although the sector is still small, it sees rapid growth.
- via news.bitcoin.com
Here's to hoping that the regulation that they will draft will be favorable to crypto investors . Since, the discussions over crypto became more intense after the start of the Russia-Ukrainian war. Lawmakers expressed concerns that Russia can use crypto to circumvent sanctions.
