UK Rolls Out Crypto Rulebook—Regulators Finally Play Catch-Up With 21st Century Finance
Westminster drops long-awaited draft legislation aiming to tame the crypto wild west—because nothing says ’innovation-friendly’ like 300 pages of compliance paperwork.
The proposed framework walks a tightrope: promising ’consumer protections’ strong enough to please traditional finance skeptics, while leaving just enough loopholes to keep blockchain builders from fleeing to Dubai overnight.
City analysts whisper the real motive—catching that sweet, sweet crypto tax revenue before the next bull run makes millionaires of more degens. Because when has Her Majesty’s Treasury ever missed a chance to monetize disruption?