Earlier today, Chancellor of the Exchequer, a.k.a U.K.’s Minister of Finance, Jeremy Hunt released the 30-point « Edinburgh reforms » of U.K. financial services. The aim of these 30 regulatory reforms is to « unlock investment and turbocharge growth ». Ex-Chancellor and now-Prime Minister Rishi Sunak has surely been working with his successor in the quest to make the U.K. a global crypto hub. The Treasury will extend the existing tax relief of the Investment Management Exemption to cryptoassets, allowing outside investors to work with U.K.-based investment managers without having to submit to additional taxes.
Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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