UK Crypto Regulation Progress Slows Amid Policy Gaps, Says Hedera Executive
Isadora Arredondo, Vice President of Global Policy at Hedera and former Financial Conduct Authority (FCA) official, highlighted the UK's stalled momentum in becoming a global crypto hub. Regulatory priorities clashed, and policy implementation lagged behind ambitions.
Arredondo pointed to the FCA's overwhelming post-Brexit workload between 2018 and 2021 as a key bottleneck. The agency had to rewrite rules for the new regulatory landscape, diverting resources from crypto frameworks.
Major financial institutions navigate the fragmented system more easily than startups, exacerbating uneven growth. The next critical phase for digital assets hinges on interoperability solutions bridging these gaps.
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