1/ 🧵 British crypto rules by HM treasury and FCA are making it harder for the international firms to do business and this is worrying the crypto stakeholders.
1/ 🧵 British crypto rules by HM treasury and FCA are making it harder for the international firms to do business and this is worrying the crypto stakeholders.
3/ 🧵 The regulations and the new compliance imposed on the consumers and business turned out to be more strict and affect the international trade in crypto space.
2/ 🧵 British banks and the FCA took the consultation from the industry from variety of the stakeholders. And they managed to get the responses which helped them formed the regulations.
4/ 🧵 Check out how the new crypto regulations in United Kingdom are hurting the consumers and international firms.
https://inleo.io/@esmeesmith/british-crypto-rules-are-not-friendly-to-international-firms