Will the 'unambitious' UK be left behind by Europe’s sweeping new crypto proposals?

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Quick Take

  • Proposed crypto regulations in the EU make the UK, which had emerged as a global leader in crypto-specific policymaking, less attractive to crypto firms. 
  • But given that it might take a while to implement the new EU rules, Britain may have time to regain the upper hand.
The European Commission has published a wide-ranging set of proposed rules for crypto-assets. Experts say it will put new pressure on the UK.
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