The U.K. government is positioning itself as a global crypto hub with initiatives. Economic Secretary Tulip Siddiq pledged early engagement with firms on stablecoin regulations and assured that staking services wouldn't be treated as collective investment schemes, addressing industry concerns about burdensome oversight. British entrepreneur Steven Bartlett criticized the U.K.'s regulatory environment as stifling, while Coinbase's Tom Duff Gordon warned that delays until 2026 for a full regulatory framework could hinder progress. U.S. pro-crypto policies under President-elect Trump and swift European adoption of the MiCA framework present challenges for Britain's ambitions.
