Treasury

UK Treasury set out initial regulatin plans for crypto

Treasurys says plans will create a ‘world-first regime’

Govt netted £5.3bn between April and December 2022

Comes after the Treasury removed the regulation last week

'Committed to the operational independence' of the regulators

The group will aim to meet for the first time later this year

The chancellor has spoken out on BBC Radio 4's 'Today' programme

The chancellor said he would then ‘sunset’ the measure

The estimate is significantly worse than that calculated by think-tanks

The Treasury confirmed its intention to bring forward the amendment