Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition
A former FCA insider explains that the UK's struggle to become a global crypto hub stems from a disconnect between policy ambition and practical implementation. Competing priorities like Brexit, COVID-19, and high-profile financial failures forced the regulator to prioritize consumer protection over crypto-sector growth.
Why it matters
Understanding the regulatory friction in the UK is essential for crypto firms and investors navigating the evolving landscape of digital asset oversight.
Arredondo believes one of the main reasons Britain s ambitions to become a crypto hub have struggled to gain momentum is a gap between policymaking and implementation.
The article provides a balanced perspective by citing an insider's view on regulatory constraints rather than taking a side in the crypto-industry vs. regulator debate.
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