Crypto Currency Tracker logo Crypto Currency Tracker logo
The Daily Hodl 2023-05-22 18:45:30

Crypto Will Be Regulated the Same As Gambling, if UK Parliament Gets Its Way – Here’s Why

The UK Parliament’s Treasury Committee says cryptocurrencies such as Bitcoin (BTC) pose similar risks to consumers as gambling and should be regulated as such. In a House of Commons Committee report, the UK Parliament says that given the volatile nature of cryptocurrencies, trading of the new asset class is akin to engaging in gambling activities. The post Crypto Will Be Regulated the Same As Gambling, if UK Parliament Gets Its Way – Here’s Why appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.