UK government denies plan to classify crypto as gambling.
UK ministers have rejected a proposal to regulate crypto as gambling stating that the decentralized digital currency lacks the qualities of a gamble and is better treated as a commodity
regulation
UK rejects plan to classify crypto as gambling.
The UK government rejects proposals to amend the Gambling Act of 2005 to include cryptocurrencies as gambling ruling that Bitcoin and other digital assets are not used for gambling Crypto enthusiasts hailed the decision as a victory for the cryptocurrency industry
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