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Coinbase CEO Brian Armstrong Hails U.K.'s Crypto-Friendly Regulatory Approach

Published 04/18/2023, 09:40 AM
Updated 04/18/2023, 10:00 AM
© Reuters Coinbase CEO Brian Armstrong Hails U.K.'s Crypto-Friendly Regulatory Approach
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  • Coinbase (NASDAQ:COIN) Chief Executive Officer Brian Armstrong has lauded the U.K.'s crypto regulatory approach.

  • The crypto executive met with the U.K.'s Economic Secretary to the Treasury and City Minister on April 17.

  • The U.K.'s crypto rules could be ready in the next 12 months.
Cryptocurrency regulation has been a raging topic in recent years as governments worldwide realize that the industry is here to stay. Regulating the developing industry is no mean feat however, and will require a balancing act to ensure consumer protection, while also creating and enabling an environment that nurtures innovation.

Nonetheless, one of the industry's top bosses believes that the United Kingdom is well on its way to achieving exactly that.

"The U.K. Is Moving Fast on Sensible Crypto Regulation"

In a series of tweets on April...

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