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New Report on Crypto’s Legal Status in UK Lays Out Regulation Options

Published 11/22/2019, 08:05 AM
Updated 11/22/2019, 09:41 AM
New Report on Crypto’s Legal Status in UK Lays Out Regulation Options

London has long been one of the world’s most prominent financial hubs. But as the United Kingdom delves further into an uncertain period of political instability that could radically alter the very identity of the country, its attractiveness for business is starting to be questioned.

Despite the need to appear as business-friendly and open to innovation as possible due to the ramifications of the ongoing Brexit crisis, the U.K. still lacks a concrete framework for the regulation of cryptocurrency.

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