The Government has confirmed new measures to regulate the cryptocurrency industry following growing calls to strengthen safeguards for consumers. On Monday, the Treasury published its response to a consultation paper on the future of crypto industry rules. New proposals include the introduction of the same regulations which govern banks and other financial services firms for a several cryptoasset activities. Demand for tougher supervision surged after the collapse of FTX, which caused vast financial losses for thousands of investors. Government plans will see stricter rules for exchanges, cust…