Crypto

Coinbase UK boss says country has ‘second mover advantage’ for crypto regulation

Keith Grose is optimistic about the UK’s approach to crypto, despite some criticism that pace of change has been ‘too slow’

Coinbase is among a cohort of crypto exchanges that have secured licences under the EU’s Markets in Crypto-Assets regulation
Coinbase is among a cohort of crypto exchanges that have secured licences under the EU’s Markets in Crypto-Assets regulation Photo: NurPhoto via Getty Images

Coinbase UK head Keith Grose says that the approach to crypto regulation adopted by US president Donald Trump has had a positive impact on the sector globally, including the UK.

Grose, who joined Coinbase a year ago, said the UK has a “second mover advantage” when it comes to crypto regulation — potentially putting it ahead of other markets looking to forge reputations as key crypto hubs.

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