Britain at risk of losing ground to rival fintech and crypto hubs, execs warn

Britain at risk of losing ground to rival fintech and crypto hubs, execs warn

"I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets," Coinbase's U.K. head told CNBC.

UK plans close co-operation with the US over crypto regulation

Proposals set out by Rachel Reeves are part of Britain’s first attempt to write rules for digital assets

UK Releases Draft Crypto Rules Targeting Exchanges and Stablecoins

The U.K. government released consultation papers on draft legislation for the crypto industry that will provide a regulatory environment for activities such as cryptoasset trading exchanges and stablecoin issuance as well as covering market abuse, admissions and disclosures regimes.The proposed rules build on the Financial Services and Markets Act that passed into law in 2023 and gave the Treasury power to create new rules for the crypto sector.…

UK Risks Losing Fintech Talent Over Regulatory Barriers – Digital News & Investigative Reports

Britain’s Fintech Reputation Faces Erosion LONDON — Once hailed as a global pioneer in financial technology, the United Kingdom is now facing a critical juncture. Industry leaders warn that the country’s overcautious regulatory stance and lack of capital support are discouraging innovation, prompting fintech and cryptocurrency entrepreneurs to consider more welcoming international markets.The UK previously led the charge in fostering digital fin…

UK risks losing ground to rival fintech and crypto hubs, execs say - EUROPE SAYS

Workers cross a junction near the Bank of England (BOE) in the City of London, UK, on Tuesday, April 8, 2025.

The UK has decided to follow the US example in adopting and regulating cryptocurrencies, a significant step towards strengthening its digital economy. Recognizing the potential of cryptocurrencies to revolutionize the financial sector, the UK seeks to establish a clear and effective regulatory framework. Read more on this topic here. Drive for a digital economy The UK interest in the crypto-currencies world is no coincidence. In recent years, Br…