The UK needs regulatory clarity that matches ambition

The UK government talks about becoming a “leading global crypto hub,” but slow policy development and fragmented regulation risk losing ground to competitors.

Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini

The UK is at a critical juncture in its approach to the rapidly evolving digital assets space.

Having solidified itself as a financial powerhouse in the modern global economy, the government has often spoken about making the UK a “leading global crypto hub.” Policy development has, however, been slow, fragmented and insufficiently ambitious.

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