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U.K. Risks Becoming a “Flyover Zone” for Crypto
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1 Articles
U.K. Risks Becoming a “Flyover Zone” for Crypto
Market participants warned that the U.K. needs to decide its approach to digital money, especially towards stablecoins, or it risks falling behind other jurisdictions. Katie Harries, head of policy, Europe at U.S.-listed digital asset exchange operator Coinbase said that the biggest challenge for the U.K. is that it has not set an approach to digital money. For example, the country needs to decide whether to lean into tokenized deposits, central…
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