Industry

UK's Cryptocurrency Regulation: A Call for Simplification

By
UK CBT
February 2, 2024

In a recent opinion piece for Euronews, UK CBT co-founder Dr. Paolo Tasca discusses the complexities of the UK's current cryptocurrency regulations. Highlighting the challenges posed by a convoluted system of rules, Dr. Tasca points out the negative impact on consumer protection, economic growth, and technological innovation. He cites a pressing need for regulatory clarity to encourage companies to operate within the UK, enhance educational pursuits in blockchain and crypto technologies, and ultimately safeguard consumers from fraud. Dr. Tasca advocates for a more streamlined and adaptable regulatory framework to support the UK's leadership in emerging technologies while ensuring the nation's economic and social well-being.

For a detailed exploration of this perspective, visit Euronews.