The UK is at a crossroads. No, we’re not referring to any coordinated campaign by the crypto industry itself, though that would certainly be ironic. The government’s ambition for the UK to be the global crypto-asset hub is laudable. As is often the case, the devil is in the details....
The United Kingdom is changing its regulatory stance on cryptoassets quickly. This is a big change from previous years on how the financial system is approaching these digital assets. In the UK, the Financial Conduct Authority (FCA) has been at the forefront of these reforms. It’s important for crypto investors,...
The UK’s ambition to be a global crypto hub. Laudable ambition, right? Are we really sleepwalking into such a nightmarish scenario? These rules meant to encourage innovation and ensure consumer safety may indeed be thwarting both. Are we giving up on innovation under the guise of security? Further, I worry...
The UK’s Financial Conduct Authority (FCA) is ramping up its regulatory scrutiny of the cryptoasset sector. Through a new key industries act, they are publishing a stream of consultation papers and draft legislation to increase transparency, enhance consumer protection and improve operational resilience. The FCA's recent activity signals a significant...
The U.K.’s Chancellor of the Exchequer, Rachel Reeves, has promised a “radical action plan.” She has the goal of reducing the total regulatory cost to businesses by 25% while inadvertently igniting economic growth along the way. Fighting crypto crime In the United States, Senate Democrats are urging the Trump administration...
