Crypto Adoption in UK
In recent weeks the UK has introduced new legislation for the crypto industry and while some of this is to be welcomed because it does move closer to a state of regulatory Clarity some of it has actually complicated the picture for many crypto entities in the UK and it could soon result in many crypto companies and perhaps crypto holders leaving the country until they feel more comfortable doing business there however as we've said before regulation are necessary unfortunately for the crypto industry to develop so if the UK does keep going in this direction perhaps it could soon be the second largest country by crypto transaction volume although let's face it it's still got a long way to go to catch up with the US OFA .