UK Makes History: First-Ever Crypto Insolvency Czar Appointed
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Britain's financial regulators just blinked—and crypto won. In a watershed moment for digital assets, the UK has named its first dedicated crypto insolvency specialist. No more shoehorning blockchain bankruptcies into legacy frameworks.
Why it matters: When exchanges collapse, this hire ensures creditors won’t get ghosted like Terra Luna investors. Finally, a referee who speaks ‘decentralized’ fluently.
The cynical take: Only took 14 years of crypto carnage for regulators to staff up. Better late than never—unless you held FTX tokens.
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