Navigating the Shift in UK Crypto Regulations
Hold onto your digital wallets, because the landscape of cryptocurrency in the UK is evolving at breakneck speed. The recent wave of regulations introduced by the UK Financial Conduct Authority (FCA) has sparked heated debates among industry veterans and everyday crypto enthusiasts. In this climate of change, Arjun Sethi, co-CEO of the Kraken exchange, raises an alarm on the potential roadblocks these new regulations could present. As we unpack the consequences of these measures, it becomes clear just how they might impact the velocity of crypto trading and the experience for customers ready to dive into the world of digital currencies.
The Clash of Regulatory Intent and Market Innovation
As of October 2023, the FCA has rolled out…
