Why 2022 Should Be the Year of the Govcoin

The U.K., where I’m from, isn’t doing much better. The Bank of England’s backed “Britcoin” is only set to launch in 2025, a lifetime away in crypto years. The government has issued piecemeal regulations on exchanges, while our regulator, the Financial Conduct Authority (FCA), continues to issue confusing and often contradictory “warnings” on the volatility of the crypto market. In the U.K., cryptocurrencies remain largely unregulated financial instruments to this day.