LONDON, Feb 1 (Reuters) - Britain's finance ministry set
out draft rules to regulate cryptoassets on Wednesday, saying
ongoing turbulence in the sector and collapse of exchange FTX
had highlighted risks that need addressing.
"Our view is that this reinforces the case for clear,
effective, timely regulation and proactive engagement with
industry," the ministry said in its proposals put out to public
consultation.
(Reporting by Huw Jones; editing by Jason Neely)
Messaging: huw.jones.thomsonreuters.com@reuters.net))
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