Event JSON
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"https://crypto.news/uk-treasury-confirms-crypto-staking-falls-outside-collective-investment-scheme-regulations/"
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"UK Treasury confirms crypto staking falls outside collective investment scheme regulations"
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"The Treasury's amendment clarifies that staking, a process where blockchain users lock up tokens for transaction validation, does not fit the definition of a collective investment scheme. This distinction aims to reduce legal uncertainty and foster innovation in the crypto space. The updated law will be effective starting January 31 and applies to all four constituent countries of the United Kingdom."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2023/09/crypto-news-United-Kingdom-trying-to-safeguard-against-improper-use-of-AI02.png\nStaking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets…\nhttps://crypto.news/uk-treasury-confirms-crypto-staking-falls-outside-collective-investment-scheme-regulations/",
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