The UK’s overlooked regulatory superpowers
The United Kingdom has a regulatory advantage in the cryptocurrency market.
Opinion by: Pavan Kaur, partner at Gunnercooke
Conventional wisdom would make you believe that the United Kingdom outside the European Union economic bloc is a minnow relative to comparable markets such as China and the United States. Indeed, in traditional trade negotiations, the market size decides the scale and quality of terms that can be negotiated.
In cryptocurrency markets, however, the rules are far from set, and the UK has several overlooked and misunderstood advantages relative to other markets that it would do well to seize on in the current emerging regulatory landscape.
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Author: Pavan Kaur