The development of the regulatory framework for crypto markets continues around the world. The UK has submitted draft regulations for cryptocurrencies, equating digital assets with securities, in order to position the country as a "safe harbor" for the crypto industry. Under the proposed rules, crypto exchanges, dealers and agents would be regulated similarly to traditional financial companies, with requirements for transparency, consumer protection and operational sustainability. The new rules also introduce six new regulated activities, including cryptocurrency trading, custody and staking. Companies will be given a two-year transition period to adapt their systems to the new requirements. This initiative has the potential to attract more investment into the sector and strengthen the UK's position as one of the leaders in digital assets.At the moment, bitcoin has reached the range we mentioned earlier: $105000-109000. This is the last area of resistance on the way to bitcoin updating its all-time high price.