UK’s Crypto Ambitions Stumble as Regulatory Delays Spook Investors

BTCC / BTCC Square / Coindesk /

Author:

Release Time:

2025-05-01 13:45:51

UK’s Delayed Regulation Hurts Plan to Be Global Crypto Hub, Executives Say: CNBC

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:

Log in to Reply

CoinDesk 20 Rallies 3.2% as Crypto Market Shows Broad-Based Strength

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.