Blockchain and Crypto Experts in the UK

Find expert witnesses and consultants specialising in Blockchain and Crypto in the UK. Browse our database and view profiles of professionals with a proven track record in this area of expertise.URL :b3i.tech

The UK is leading the way in embracing cryptoassets, with more than 2.3 million people in the country now owning this decentralised digital money system. Many large UK retailers accept it as payment, and start-ups are increasingly using it to gain competitive advantage by offering lower transaction fees than their competitors.

Advisory Firms Specializing in Blockchain in the UK

Nevertheless, the industry remains highly volatile and incredibly challenging for those who are not well informed. The regulation of cryptoassets has evolved alongside their popularity, with the creation of the Cryptoassets Taskforce in 2018 bringing together HM Treasury (HMT), the Financial Conduct Authority (the FCA), and the Bank of England (the BoE) to coordinate the UK’s approach to regulating this area.

In October 2023, the FCA also implemented a new regulation requiring cryptoasset businesses to report information on customer transactions to the authorities. This new regime – known as the ‘Travel Rule’ – brings qualifying cryptoassets within scope of the FCA’s financial promotions rules.

We are working closely with our clients to help them navigate this complex regulatory landscape, advising multinational regulated entities and fintech companies on regulatory compliance and enforcement issues. We are also assisting them with their efforts to promote transparency and understanding of the sector, to address key sustainability, inclusion and reporting issues and to support the industry in its endeavours to drive positive change.