He wrote:
“This is a pivotal moment – hopeful the UK seizes this opportunity to solidify its position as a global leader in crypto. Bullish on Britain.”
Coinbase’s engagement highlights the firm’s continued push to shape crypto regulation outside the United States. The UK, viewed as a more open and forward-thinking market, has emerged as a strategic focus for global crypto players.
A recent Financial Conduct Authority (FCA) study shows that around 12% of UK adults hold crypto. This growing adoption has prompted policymakers to draft legislation to tighten control and ensure transparency in the emerging industry.
Policymakers argue that these changes are essential to promote trust, protect users, and attract crypto businesses seeking clarity on the jurisdiction.
