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UK Panel Compares Crypto Trading to Gambling, Seeks Similar Regulations | Coingape

By Bhushan Akolkar at 2026-05-07 13:56

Sentiment: Positive

A UK regulatory panel has recently recommended that retail investing in unbacked cryptocurrencies like Bitcoin (BTC) shall be treated similarly to gambling since they are extremely volatile and have no intrinsic value. In a report published on Wednesday, May 17, the Treasury Select Committee, a cross-party group comprising the members of Parliament “strongly recommended” this The post UK Panel Compares Crypto Trading to Gambling, Seeks Similar Regulations appeared first on CoinGape. Continue reading...

Categories: 24/7 Cryptocurrency News

Tags: #24/7 Cryptocurrency News #Regulation News #Crypto UK #UK Crypto Legal

Source CoinGape