“We remain steadfast in our commitment to grow the economy and enable technological change and innovation – and this includes crypto asset technology,” Andrew Griffith, economic secretary to the Treasury, said in a press release. “But we must also protect consumers who are embracing this new technology - ensuring robust, transparent, and fair standards.”

https://www.coindesk.com/policy/2023/01/31/uk-finance-ministry-proposes-broad-rules-for-crypto-invites-industry-feedback/