UK Treasury’s Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

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UK Treasury’s Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

However, “what the government is actually doing is blocking use of the OPE for crypto to any overseas person, even if they’re only doing institutional business,” Meakin said. “Perhaps the government thinks there is a different solution, such as deference or equivalence, but we are still waiting to see any details on this.” www.coindesk.com

However, “what the government is actually doing is blocking use of the OPE for crypto to any overseas person, even if they’re only doing institutional business,” Meakin said. “Perhaps the government thinks there is a different solution, such as deference or equivalence, but we are still waiting to see any details on this.”

www.coindesk.com

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