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UK sets out new crypto rules, date for wider financial services strategy

ReutersApr 29, 2025 2:02 PM

- British finance minister Rachel Reeves announced on Tuesday that the government was setting out new draft legislation for regulating crypto assets and would give a broader financial services strategy on July 15.

"Financial services is one of the key growth-driving sectors in the UK for modern industrial strategy," Reeves said in a speech at the IFGS fintech conference in London.

"With fintech as a priority ... I look forward to publishing the financial services growth and competitiveness strategy at my upcoming Mansion House address, which I can today confirm will take place on 15th July."

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