As Chancellor of the Exchequer, Rishi Sunak outlined an ambitious plan to turn the UK into a crypto hub. Some of the most urgent areas for Sunak to tackle include: regulatory clarity, faster registrations, and stablecoins and Digital Pound.
Our CEO Hirander Misra shares his thoughts about faster registrations in this Bloomberg article: “Sunak will need to ensure the FCA has a more agile and pragmatic approach towards crypto regulation. Many companies are getting frustrated in the length of time it takes to get regulatory approvals even if they are established firms with other licenses and as a result are going to other jurisdictions.”
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