UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
Briefly

The House of Commons Treasury Committee's opposition to the government's plans to regulate crypto like a financial service has generated an instant backlash from the industry - and lawmakers' views, though non-binding, may represent an extra bump in the road to the U.K.'s crypto plans.The country's finance ministry, the Treasury, is adamant that it will press ahead with its plans to regulate crypto using existing financial legislation, as crypto's risks are similar, a spokesperson from the government told CoinDesk.
Read at Coindesk
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