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Last updated: June 16, 2025, 21:33  |  Written by: Mike Novogratz

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Crypto Trading Should Be Regulated as Gambling: UK Lawmakers

Crypto retail trading should be regulated as gamblingUK

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British

In A New Report

Cryptocurrency trading should be regulated as gambling, says

In a new report, the committee called for consumer trading in unbacked crypto assets to be treated in regulation as gambling. The cross-party committee of MPs said cryptocurrencies

Retail investing in unbacked cryptoassets like Bitcoin should be regulated like gambling because they are highly volatile and have “no intrinsic value,” an influential panel

Crypto trading should be treated like gambling, UK lawmakers urge

Crypto has no ‘intrinsic value’ should be regulated like

Crypto Trading Should Be Regulated Like Gambling, UK Panel Says

Regulating Retail Trading And Investment

Crypto should be regulated as gambling, UK lawmakers say

Consumer cryptocurrency trading should be regulated as

Regulating retail trading and investment in unbacked cryptocurrencies could create a 'halo' effect that leads consumers to think the activity is safer than it is, or protected

Trading In Cryptocurrencies Is Akin

Commenting on the report, Harriett Baldwin MP, Chair of the Treasury Committee, said: “The events of 2025 have highlighted the risks posed to consumers by the cryptoasset industry, large parts of which remain a wild west. Effective regulation is clearly needed to protect consumers from harm, as well as to Ver más

Trading in cryptocurrencies is akin to gambling and should be treated as such, British lawmakers said. Unbacked tokens like bitcoin and ether aren't underpinned by

A panel of cross-party British lawmakers is going against the government's stance and recommended trading of 'unbacked' crypto assets like Bitcoin and Ether to be regulated as

Mike Novogratz can be reached at [email protected].

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