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Hays said crypto's legislative agenda can sometimes amount to seeking exemptions from fundamental consumer protections.

As signs grow that an influx of cheap Chinese goods bought online may be undermining domestic industry, Chile and Brazil have scrapped tax exemptions for individual customers on low-value foreign purchases.

The UK government made it a criminal offence to possess a bully XL without a valid certificate of exemption from February 2024, following a spate of attacks.

Rachel Reeves' budget proved controversial in the agricultural sector after she announced an end to exemptions for some farms.

The Treasury said there would be no change or mitigations to the policy, which will see an end to inheritance tax exemption for some farms.