"The UK is getting the balance wrong by failing to differentiate clearly between Bitcoin and other crypto assets and by not offering timely, actionable guidance."
As I highlighted to Cointelegraph, Gemini's departure from the UK is a warning sign for policymakers chasing crypto hub dreams.
Firms like Gemini are focusing on markets like the US and Singapore, where high compliance costs and limited opportunities don't outweigh the benefits.
Businesses will stay and scale here if the economics make sense. It's time for clearer rules, faster guidance, and real differentiation to make the UK competitive again.
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