UK’s Crypto Ambitions Stumble as Regulatory Delays Spook Investors
11
3
London’s dream of becoming a digital asset hub is fading faster than a meme coin’s hype cycle. Industry leaders warn that bureaucratic foot-dragging is costing the UK its competitive edge.
While rivals like Singapore and Dubai race ahead with clear rules, British firms face regulatory purgatory—classic case of ’too little, too late’ from a government that still thinks blockchain is something to do with bicycles.
One hedge fund manager quipped: ’At this rate, we’ll have CBDCs before we have crypto clarity—and we all know how well government-run digital currencies perform.’
By:
