UK Sets Out Plans to Create ‘Global Cryptoasset Hub’ - McDermott Will & Emery

UK Sets Out Plans to Create ‘Global Cryptoasset Hub’

Overview


London partner Arvin Abraham talks to Institutional Asset Manager about the UK Government’s plan to harness new opportunities for businesses across the UK finance sector to boost the UK’s position as the pre-eminent global financial centre and to develop “world-best crypto ecosystem”.

“The UK is already more advanced in cryptoasset regulation than most countries and its FinTech ecosystem leads the world. These are ideal conditions to nurture the burgeoning cryptoasset sector”, said Arvin.