UK should loosen KYC calls for for crypto to outpace US in Web3 — Assume tank

The UK has a chance to capitalize on the departure of Web3 companies leaving the USA as a result of regulatory uncertainty. However to attain that, the U.Ok. might want to observe its personal regulatory path, smoothing the necessities for crypto in some regard, in accordance with a suppose tank.

On Oct. 2, the influential conservative suppose tank Coverage Change revealed a report on Web3 with 10 proposals for the U.Ok. authorities, which it claims would assist the nation enhance Web3 regulation.

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