The UK’s budget gap is widening and markets want to know Reeves’ fix
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最新报道：UK Chancellor Rachel Reeves outlined plans to boost economic growth through digital asset regulation in her Mansion House speech, as the budget deficit hits 4.5% of GDP. She proposed creating a regulatory framework for stablecoins and crypto staking within six months, aiming to position Britain as a global crypto hub. The Treasury will collaborate with the FCA and Bank of England to develop these rules, focusing on consumer protection while fostering innovation. Reeves emphasized blockchain's potential to streamline financial services, estimating the sector could add £10 billion annually to the economy by 2030. The announcement comes amid rising public debt and follows similar regulatory moves by the EU and US.
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