Unite Kingdom, Following in the Footsteps of The us One other key cryptocurrency marketplace — the U.Okay. This step represents a major change in the international regulatory environment. It will have a profound impact on retail crypto investors in the UK. Like the US approach, the UK is starting to...
So was UK’s decision to cuddle up to US on crypto regulation. That may seem like a bunch of arcane fiscal minutiae occurring far off in the distance. I have lived for years enmeshed in the colorful and frequently eclipsed creative culture of Southeast Asia. Now, I observe a profound...
The UK is taking a bold new approach to crypto regulation. This implementation guidance takes a notable turn from the EU’s MiCA framework and is more akin to the US’s implementation guidance. The government is pitching it as an exercise to strengthen investor confidence, as part of a broader strategy...
FinTech executives are warning that the U.K. risks falling behind in the burgeoning crypto industry due to its cautious regulatory approach. While the U.S. embraces a more pro-crypto stance under President Donald Trump, and other countries actively pursue industry-friendly reforms, the U.K. is perceived to be prioritizing safety over innovation,...
The United Kingdom used to be hailed as an international leader in financial technology. Now, it is in danger of losing out on dozens of FinTech and cryptocurrency firms. Now, industry experts are sounding alarm bells. They are concerned that over-regulation, the current funding landscape and the ongoing effects of...
The UK is poised to reshape its digital asset landscape with impending crypto regulations, signaling a significant shift in how the nation approaches cryptocurrencies. Public Finance Minister Rachel Reeves recently announced draft legislation. These laws would, for the first time, require crypto exchanges and dealers come under mandatory regulation. This...
Rachel Reeves, the UK Finance Minister, announced plans for a "comprehensive regulatory regime for crypto assets" at a fintech event on Tuesday. The proposals seek to mold the UK into a “global hub for digital assets.” Second, they target the fast-growing and highly speculative crypto markets.The UK has put out...
Is this really the dawn of responsible crypto, or a velvet-gloved land grab by traditional finance. Meanwhile, the UK has just announced its own proposed regulatory framework for crypto. This step, combined with its eagerness to work with the US on digital asset policy, has created an important conversation. Or...
At the same time, the UK is keen to position itself as a leader on crypto. Ambitious? Absolutely. Achievable? Maybe. The draft crypto regulations unveiled recently raise a crucial question: are we building a bridge to the future or just another tollbooth?The government's intention is clear: crack down on the...
We have a new Web3 accelerator program that has just started in the United Kingdom. It’s positioned to have a major hand in producing the next wave of blockchain local startups. The effort is supported by big names in the industry like Fabric Ventures, Animoca Brands, Coinbase and FoundersFactory. The...
