How Will Pending UK Regulation Transform Its Crypto Market, Compared to the EU?

Regulatory developments affecting cryptocurrencies are gathering pace. Including the European Union, where MiCA has received a favorable vote, and the United Kingdom. But as the former speeds ahead, can the latter keep up? As of January 1, 2021, the United Kingdom has officially left the European Union. The country is now free to set its own rules and regulations, including those related to cryptocurrencies. This means that the UK government can draft laws and regulations around using crypto. And also decide how to approach issues such as taxation, money laundering, and consumer protection. Here we compare the UK’s efforts to