UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules

“Although adoption is projected to grow in Great Britain in the midterm, the primary barriers to growth stem from security and regulatory concerns,” Emma McInnes, Global Head of Financial Services at YouGov told CoinDesk in an interview. “With recent announcements made by the U.K. government regarding regulation of businesses exposed to crypto assets, it remains to be seen whether these will be sufficient to provide consumer reassurance to allay these concerns.”