British think tank Policy Exchange has proposed a plan to enhance Web 3 regulations, suggesting that the UK Financial Conduct Authority (FCA) ease KYC requirements, embrace digital IDs and blockchain analysis tools, protect individuals from liability for DAO-related violations, deregulate proof-of-stake services, and allow private stablecoin issuers to store funds in the Bank of England. 🇬🇧💼 #Web3 #Regulations #UK #FCA #Blockchain