Our COO & Co-Founder, Sukhi Jutla, was recently quoted in Cointelegraph article ‘The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision’.
She said: “The proposed ban will be seen as a major blow and backward step for innovation in the crypto-asset space. It will also signal that despite the U.K. being the leaders in the Fintech scene, they will have effectively been compromising on this position.”
She added: “I very much doubt there is transparency of communication between the Government and the FCA.”
and: “Both parties have opposing agendas and viewpoints. Even if the FCA is not ready to embrace crypto assets, it has a duty of care to ensure that if these products are available, protection is in place for consumers and investors.”
Read the full article here.