UK Crypto Regulation Overhaul: Progress or Bureaucratic Theater?
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London’s long-awaited crypto framework finally drops—with promises to ’balance innovation and risk.’ But skeptics eye the fine print.
The Good:
Clearer rules for stablecoins and exchanges could lure institutional capital. The FSA’s ’sandbox’ approach nods to DeFi’s wild-west reality.
The Bad:
Compliance costs may crush smaller players. That ’level playing field’? More like a moat for TradFi dinosaurs.
The Ironic:
These ’groundbreaking’ policies arrive just as the EU’s MiCA goes live. Britain’s playing catch-up—with bonus red tape.
Will it work? Ask the hedge funds already bypassing UK rules via offshore shells. Some things never change.
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