UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

Bybit
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
Bybit

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“A system of gambling regulation, in isolation, would be unlikely to address these risk factors” such as the commingling of customer funds alleged of crypto exchange FTX, or correct problems linked to insider trading and market manipulation that are covered by traditional financial regulation, the government added.

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