Popular opinion is missing the sea change in the UK’s crypto operating environment. Beneath regulatory criticism, the UK is accelerating its crypto evolution
Opinion by: Daniel Taylor, head of policy at Zumo
We’re approaching five years since we first heard about the “global crypto hub UK,” and the United Kingdom has drawn its fair share of flak regarding its crypto strategy.
Amid a perpetually delayed regulatory framework, vanishing company approval rates and increasingly loud public criticism of overzealous and nannying “positive frictions,” UK consumers have been left out in the cold both in product access and product choice when compared to international counterparts.
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