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coinpedia 2023-11-17 05:45:04

Crypto Regulation in the UK: No OPE Benefits for International Firms

The post Crypto Regulation in the UK: No OPE Benefits for International Firms appeared first on Coinpedia Fintech News In a recent development, the UK government has clarified its stance on applying the Overseas Persons Exclusion (OPE) in cryptocurrency. Despite its commitment to establishing the UK as a hub for cryptoasset technology, the government has decided not to extend the OPE to cryptocurrency businesses. The OPE currently allows certain international financial institutions, like multilateral …

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