News
Significance:
6/10

UK has ceded crypto hub ground to US amid 'heavy-handed' FCA oversight, Consensys says

https://www.theblock.co/post/375873/uk-ceded-crypto-hub-ground-to-us-heavy-handed-fca-oversight-consensys

James Hunt

Mentions

Regions

Code
Name
UK
🇬🇧United Kingdom
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
🇬🇧
United Kingdom
Bearish
The article criticizes the UK's regulatory approach as 'heavy-handed' and stifling innovation.
🇺🇸
United States
Bullish
The article praises the US for its swifter and more crypto-friendly regulatory approach.
Bearish
The FCA is criticized for its cautious and restrictive regulatory stance.