Unchained · Wednesday, July 15, 2026
Jessie noted that the new UK crypto regulations are significant and largely positive, reflecting successful industry input on certain aspects, while also flagging some concerning points. V believes the UK is leaning into becoming a crypto hub with these rules, contrasting it with the EU's MiCA regulations and the ongoing regulatory uncertainty in the US. The framework applies traditional finance regulations to crypto, which V suggests may be challenging for smaller firms.
“They are significant. They are positive in a lot of ways. They show where industry was able to be successful in pushing things the right way.”
“And there are also some really interesting flags in it that are slightly concerning that I'm sure you're going to talk about.”
“It seems like we're at the point now where they are really leaning into saying, like, we want to be the place for crypto.”
“And so it's interesting to see the dynamic of all these different jurisdictions because we all talk about how crypto, blockchain, etc, we want it to be sort of borderless technology, and in a lot of ways, and you obviously need to operate differently in different jurisdictions, that's just how things work.”
“But this regime is no joke. Like this will be very hard on smaller firms and essentially philosophically they're applying tradfy regulation to crypto, so my biggest takeaway here is this is going to be a really tough question for crypto firms, meaning is it worth it? Is adherence to all of this worth it to keep their UK customers?”