The UK has been blowing a lot of hot air about wanting to be the next global crypto hub. Remember the bold pronouncements back in 2022? Now, crickets. While the EU charges ahead with MiCA and the US seems to be waking up – potentially with a pro-crypto Trump 2.0...
The United Kingdom is in danger of losing out in the race to establish itself as a global cryptocurrency centre, leading industry execs have told. Since last year, the UK government has pursued an agenda to make their country the home base for the crypto industry. Ambitious progress has largely...
Now it is the turn of the UK Treasury to announce its plans to regulate the cryptocurrency industry. Their goal is to fold this new sector into the traditional banking regulatory framework. These blueprints include regulations on stablecoin issuance, as well as policies to curb market manipulation.The UK intends to...
The UK Treasury’s borrowing of US crypto regulation is worth raising an eyebrow over, and frankly speaking, it should be a lot more than just that. That unspoken assumption, that what is good for Wall Street must be good for the UK, is very dangerous. So we’re not just talking...
The UK significantly expands its engagement within cryptoland. For all their success, it looks like they’re picking up a few new tips from their American cousins. New rules are coming down the pike. Their goal is to provide much-needed clarity and security to the current digital asset labyrinth, but will...
The UK continues to slide into the American regulatory orbit. Minister of Finance Reeves fighting against the “bad guys” and in favor of “legitimate innovation.” Sounds great, right? Wrong. This isn't just about cleaning up the Wild West. It's about paving it over with a shopping mall.Regulation's Iron Grip On...
The UK’s consumer protection-focused approach to crypto regulation sounds good in theory, but I detect a bit of a stinky fish. Are we truly protecting the retail investor, or just constructing an opulent enclosure for the cryptocurrency aristocrats? This about-face to bow to the US is shocking and raises many...
This is another major step the UK is taking in the crypto space. For the first time, the government’s provided a comprehensive framework for regulating the industry. This action demonstrates a clear intent to help bring these exchanges, dealers, and agents into formal regulatory oversight. With this step, Pakistan is...
The UK is following suit, recently announcing a set of crypto regulations expected to rein in the growing world of digital assets. The hope is that these rules will increase investor confidence and encourage economic development. They intend to dramatically change the environment for crypto exchanges, dealers, and agents doing...
The UK’s ambition to become a crypto leader. Great. But who gets to thrive, and who gets shut out in this new digital gold rush. The shiny press releases talk about innovation and investor protection, but I see a familiar pattern: regulations crafted by and for the established financial elite,...
