Is the UK edging closer to crypto regulation?

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Is the UK edging closer to crypto regulation?

*With the market witnessing an unprecedented fall in the last few weeks, many investors are shying away from further investment with the heightened fear of further losses. *It is anticipated that in the coming weeks, a bipartisan group of lawmakers who are in the process of overseeing the possibilities of regulating the market *The Johnson government is planning a regulatory crackdown not just on the crypto investments but also on NFTs. *A dedicated committee or a panel has been formed to oversee or draft a plan for crypto regulations. *The UK government and financial regulator Financial Conduct Authority have always warned investors and laymen about the risks attached with cryptocurrencies.

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