
London Drops the Anchor: Why the U.K.’s New Crypto Rulebook Could Redraw the Map for Everyone Else
The U.K.’s FCA fired the starting gun on a sweeping crypto framework that mandates licenses, 84% DeFi reserves, and a 13% capital-gains tax. Markets barely flinched—BNB even spiked—suggesting traders like clarity more than chaos. Privacy coins are in the crosshairs, while a £194 million insurance fund tries to soothe post-FTX nerves. I’m cautiously bullish but still expecting hiccups before the six-month clock runs out.