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  • UK Treasury drawing up new rules to police cryptocurrency markets

    Rachel Reeves wants to protect consumers by bringing digital money and assets into the ‘regulatory perimeter’ Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027. The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the…

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  • Crypto market sheds more than $1tn in six weeks amid fears of tech bubble

    Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boom Business live – latest updates More than $1tn (£760bn) has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for…

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