Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition (opens original article in a new tab)
A former FCA official explains that the UK's crypto ambitions are hindered by regulatory priorities and implementation gaps, with a split approach favoring institutions over startups, and highlights the need for interoperability in digital money.
- Ex-FCA official Isadora Arredondo explains UK's crypto hub ambitions face delays due to regulatory priorities and implementation gaps.
- UK's split approach to crypto regulation: proactive with institutions but complex for startups under legacy rules.
- Arredondo emphasizes need for interoperability and standardization across blockchains, stablecoins, and CBDCs.
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