Coinbase Expands Campaign for Crypto Regulation in the UK 🚀
Welcome, crypto enthusiasts! Coinbase has officially extended its campaign for favorable crypto regulation to the UK. Embracing the Stand with Crypto initiative, Coinbase aims to shape sensible crypto innovation and policy in the British market. Let’s dive into the details of this significant move by one of the leading crypto exchanges in the world.
The Push for Crypto Regulation in the UK 🇬🇧
- Britain stands as one of the most prominent crypto markets in Europe.
- Unlike the EU’s MiCA regulations, the UK is yet to establish specific rules for crypto markets.
- Previous attempts to regulate cryptocurrencies in the UK have not been very effective.
- This paves the way for Coinbase’s Stand with Crypto initiative to step in and advocate for favorable regulations in the country.
The Coinbase Initiative on Crypto Regulation in the UK 🌐
- Stand with Crypto unites global crypto supporters to drive sensible innovation and policy in the industry.
- In the US, the movement boasts over 700,000 members, while the UK follows as the second-largest market for Coinbase with over 6 million crypto holders.
- Focuses on engaging the crypto community directly in the legislative process and highlighting blockchain-based businesses in the UK.
The Launch Event in London 🎉
- Stand with Crypto recently held its launch event in London, hosted at the UK Parliament by George Osborne, a member of Coinbase’s Global Advisory Council.
- The event gathered prominent figures from the Department of Business and Labor, web3 entrepreneurs, investors, academics, and media.
- Success at the launch event marks a significant milestone in the expansion of Stand with Crypto in the UK, with future plans to reach other British cities.
The Crypto Businesses Showcasing Event 🚀
- Various British crypto companies presented their activities during the event, showcasing the diversity and innovation in the UK crypto ecosystem.
- WeaverLabs, focusing on decentralized telecommunications networks, is working to revolutionize the industry.
- Aklimi, a decentralized advertising exchange, aims to reshape the future of online advertising.
- KnownOrigin, an NFT marketplace for digital art, has seen significant trading volumes and acquisition by eBay.
- Arcube, a technology startup, is leveraging loyalty program data to enhance customer engagement in the airline industry.
Hot Take: Seizing Opportunities for Crypto Regulation 🚀
As a crypto enthusiast, witnessing Coinbase’s expansion of the Stand with Crypto campaign to the UK presents an exciting opportunity for shaping the future of crypto regulation in the country. By engaging directly with policymakers and showcasing the innovative potential of blockchain technology, the UK crypto market is poised for significant growth and development. Stay tuned for more updates on the evolving landscape of crypto regulation in the UK!
By
By
By
By