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.
The article has already been relayed by Bitfinance.news, Cryptomonetae, The US Breaking News, and BBCaijing.
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