UK and US join forces for regulation! Is the UK trying to steal the ‘crypto king’ position? Should retail investors laugh or run?

Brothers, the regulatory drama has been updated again! This time, the UK has thrown out a big move — teaming up with the US to create a global crypto regulation alliance, while shouting 'crack down on unscrupulous exchanges' and painting a picture of 'supporting innovation', clearly aiming to take the central stage as the decision-maker.

Is this move really to warm up the crypto circle, or is it just to swing the sickle and harvest retail investors? Let’s take a look at the truth!

1. UK’s new bill: No KYC for exchanges? Just get banned!

The UK Treasury is serious this time, the legislative draft directly includes exchanges, market makers, and custodians under regulation, with two core points:

'Either comply, or get out': All crypto companies operating in the UK must follow traditional financial institutions to implement KYC, anti-money laundering, and user fund segregation. Dare to steal user assets?

FCA will come knocking with handcuffs!

'Innovation is fine, but harvesting retail investors is not allowed': They say they support blockchain technology, but what about DeFi, NFT, and these gray areas?

The draft doesn’t mention a word, clearly targeting centralized platforms first.

Hard data: The FCA previously approved crypto companies under anti-money laundering laws with a pass rate of less than 15%, Coinbase and Binance have both been severely affected.

Now that the new bill is out, Coinbase immediately announced a payment partnership with UK banks, clearly sensing a loosening of regulations!

2. Bringing the US on board? The UK and US want to set global rules!

UK Chancellor Rachel Reeves stated: 'Crypto regulation must involve the US, otherwise I can’t be the boss!'

Just this week, after a chat with the US Treasury Secretary, she hinted at creating 'transatlantic regulatory standards', the underlying message being: 'I want to work with the US to set the rules, and Europe has to follow too!'

But people in the circle understand — the US is the real player! The SEC is targeting Coinbase and Binance hard, and the UK is just trying to get a piece of the pie. Let’s see what this collaboration can produce.

Positive: Unified regulation between the UK and US will make it easier for institutional funds to enter the market, and BTC ETFs may expand to Europe.

Negative: Small exchanges and low-quality projects will be crushed, transferring over $10,000 on-chain? Beware of bank account freezes! #特朗普就职百日 #SEC推迟多个现货ETF审批

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