UK Treasury Committee’s Bid to Regulate Crypto as Gambling Invites Industry Backlash

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UK Treasury Committee’s Bid to Regulate Crypto as Gambling Invites Industry Backlash

“This latest Treasury Select Committee report goes against the grain,” Mark Foster, the Crypto Council for Innovation’s European Union (EU) policy lead, told CoinDesk. “It misunderstands and misrepresents digital assets. There are practical use cases around remittances, payments and pathways for greater financial inclusion.” www.coindesk.com

“This latest Treasury Select Committee report goes against the grain,” Mark Foster, the Crypto Council for Innovation’s European Union (EU) policy lead, told CoinDesk. “It misunderstands and misrepresents digital assets. There are practical use cases around remittances, payments and pathways for greater financial inclusion.”

www.coindesk.com