Susie on Nostr: UK regulators are driving bitcoin businesses away while other countries capitalise on ...
UK regulators are driving bitcoin businesses away while other countries capitalise on the opportunity. The FCA’s blanket cryptoasset policy is crushing innovation, stifling growth, pushing companies offshore, and making the UK increasingly hostile to bitcoin businesses.
Companies are scaling back or leaving the UK due to restrictive and unclear regulations. Meanwhile, the US, UAE, and Singapore are actively attracting bitcoin investment.
Bitcoin is not a meme coin. It is the future of finance.
If this continues, the UK will lose its financial edge and risk global irrelevance as investment moves elsewhere.
My latest Forbes piece.
MUSQET (nprofile…9d2l) fnew (nprofile…vllz)
https://www.forbes.com/sites/digital-assets/2025/03/18/uk-financial-conduct-authority-drives-out-business-and-hurts-consumers/
Companies are scaling back or leaving the UK due to restrictive and unclear regulations. Meanwhile, the US, UAE, and Singapore are actively attracting bitcoin investment.
Bitcoin is not a meme coin. It is the future of finance.
If this continues, the UK will lose its financial edge and risk global irrelevance as investment moves elsewhere.
My latest Forbes piece.
MUSQET (nprofile…9d2l) fnew (nprofile…vllz)
https://www.forbes.com/sites/digital-assets/2025/03/18/uk-financial-conduct-authority-drives-out-business-and-hurts-consumers/