The United Kingdom’s delayed response to crypto regulation has sparked fears that it is losing ground to the EU and the US. The country’s pioneering edge in DLT finance has been eroded by this regulatory ambiguity. Deeming this fall a major misstep, industry leaders are calling on policymakers to act swiftly and restore the UK’s pioneering edge in digital finance. Will the UK reclaim its digital finance crown?
crypto Queen Abrash
06/22 02:11
UK Lags in Crypto Regulation Behind EU and US, Exp
UK Lags in Crypto Regulation Behind EU and US, Experts Warn
Experts argue that the UK's crypto regulation is lacking, trailing behind the EU and US, which have already made significant progress.
- The UK fails to keep pace with global crypto regulatory standards.
- The US and the EU have already taken signicant strides in crypto regulation.
- Experts claims that "policy procrastination” is the main cause of UK's fall.
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