‘Global Response’ to Crypto Regulation Needed as US Advances GENIUS Act: FCA

A senior official of the British Financial Behavior Body, or FCA, warned that the “global response” to the cryptocurrency is crucial to prevent regulatory arbitration.

Speaking on Digiassets 2025, Jane Moore said that the British agency carefully monitors development in the USA just a day before, the Senate adopted its first major part of the Cryptum of Legislations in the form of An ingenious act– a stable stems to trade and trade.

Moore continued to claim that the “Culture of Confusion” within digital assets would ultimately result in safer consumers products.

Lord Chris Holmes, sitting in the British upper legislative chamber, added that he believes that “we will soon go into a very positive period for regulation in the UK”

But he emphasized that stakeholders in a digital property space – from investors to entrepreneur – would not have the right to “mourn” about the regulations unless they to get involved In the consultation led by the FCA. During the panel, he claimed that the regulation of the right size “good for innovation, good for investment, good for consumers, for creatives, for citizens and countries.”

“The only people who want an environment without regulation are Grifters and cancer,” Lord Holmes said. “If you want to set up, exchange and develop a well -meaning job, you should always want to regulate the right size.”

The conservative peer added that, measured in trillion, or as a percentage of GDP, the impact of digital assets would only grow over time.

“We are in this space, we are interested in this space, we understand that whatever stat, no matter what you have taken, digital funds are material and only goes in one direction,” he told the audience.

Cryptio’s chief revenue officer, hemant Pandit, claimed that regulatory moves were done in the UK and the EU are still important, even if they “set out full steam forward” and in the view of stabicin as a way to achieve dominance in dollars.

This point was emphasized by Christian Moor, a senior expert in politics at the European Central Bank.

“It will be interesting to see if Stablecoins will become a payment method in Europe,” he said, “and if it is based on a dollar, this is obviously a serious problem.”

Edited Stacy Elliott.