🇬🇧 UK, here's your chance to shine! 🌟 Web3 firms are fleeing the US due to regulatory uncertainty, and the UK could be their next destination. But first, the UK needs to up its crypto game, says think tank Policy Exchange. 💡
Key proposals:
- Limit liabilities for DAO token holders 🛡️
- Loosen KYC approach with innovative techniques 🆔
- Don't undermine self-hosted wallets 🚫
- Allow private stablecoin issuers to place reserves in the Bank of England 💷
Will the UK become the new crypto haven? 🤔 Share your thoughts in the comments! 👇