OluOmoyele on Nostr: While some regulators (such as the US SEC) continue on a jarring crusade of ...

While some regulators (such as the US SEC) continue on a jarring crusade of 'Regulation By Enforcement', the UK Government should be applauded for taking the superior public policy route of actually fleshing out a regulatory framework.

First you make rules, next you supervise, then you enforce!

Here's an in-depth analysis of the UK's proposals.

https://defi-planet.com/2023/02/legalism-ideology-and-pragmatism-unpacking-the-uk-governments-crypto-regulatory-proposals/