Britain has joined the list of countries worldwide that have decided to frame regulations concerning the crypto industry. As per a report, Britain's new regulations would include various aspects such as advertising and marketing of crypto products, bankruptcy or failure of crypto firms, and putting caps on foreign companies selling in the United Kingdom. The move from the UK comes even as the financial world is reeling from the aftereffects of the recent incidents in the crypto space. Governments have undertaken various initiatives to regulate the sector and prevent such incidents in the future.