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crypto sectorCNBC
•84% Informative
Britain 's Labour government committed to making the country an accommodating environment for businesses engaged in crypto and blockchain-related activities.
Investment Minister Poppy Gustafsson touted the "enormous potential" of the crypto sector at an event hosted by Stand with Crypto U.K. Steven Bartlett , a British entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on the "generational opportunity".
KR1, a publicly-traded digital asset investment firm that specializes in blockchain technology, said outdated rules in the U.K. are making it difficult for crypto-focused investment businesses like his to become more widely known.
KR1 is currently listed on the Acquis Stock Exchange , a trading venue for high-growth firms.
Experts are hoping the FCA will encourage and foster innovation not stifle it.
VR Score
87
Informative language
86
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67
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formal
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English
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67
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5
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