Crypto as Gambling: The UK government has laid to rest the controversial bill

[Blitzboy]

How is crypto trading like Las Vegas dice?  Its sad that such a scheme could even be considered. Crypto is an asset class, dude. It's new but valuable. Technology, use, and demand and supply give cryptocurrencies value. You're wrong to compare it to gambling.

Good choice by economy secretary Andrew Griffith. I hope the group follows him. Cryptocurrencies should be treated like any other financial asset, but with rules. Yes, you could lose your shirt, but that's a risk in any business, not just crypto!

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[ginsan]

I don't understand how the reasons for the committee regarding their review of crypto which they say is gambling, which in fact they don't mention more detailed points other than saying that it has the same risk. In other words, I agree that the government rejects this proposal because it could cause controversy in this regard.

If you look at the development of Crypto in England, of course it has quite a prominent development where crypto ownership has increased quite dramatically compared to last year. Society already accepts crypto in the UK but for now there is no reason for the committee to call crypto a gambling or risky asset because for now crypto as an investment asset is being made by people in the UK.