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UK Shows Genuine Intent on Crypto Regulation, CEO Argues

Recent policy moves suggest Britain is shifting from hesitation to concrete action on digital asset oversight.

Amara Okonkwo· Jul 11, 2026 · 1 min read
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Britain appears to be advancing its approach to cryptocurrency regulation after a period of relative inaction, according to analysis from Wirex's leadership.

Several policy developments point to the UK taking substantive steps toward establishing clearer digital asset frameworks, rather than simply discussing the matter. The observations come amid growing international pressure on governments to develop coherent crypto oversight strategies.

Wirex CEO Chet Shah argues that these recent regulatory moves represent a meaningful shift in the UK's positioning. Rather than remaining on the sidelines while other jurisdictions built out their crypto governance structures, Britain now appears willing to implement concrete measures, he suggests.

The specific regulatory actions Shah references demonstrate movement beyond preliminary consultation phases that have characterized much of the UK's prior engagement with the sector. This represents a notable change in tempo for a jurisdiction that has historically proceeded cautiously when addressing digital currency policy.

For further details on these developments and Shah's complete analysis, see the full report at CoinDesk.

*Source: [CoinDesk](https://www.coindesk.com/opinion/2026/07/11/the-uk-has-finally-shown-it-s-serious-about-crypto). Summary by Quantority.*

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Funding APRAnnualized, OI-weighted funding. Positive = longs pay shorts (crowded longs).
Percentile 90dWhere current funding sits within the coin's own last 90 days (0–100).
Open interestTotal USD value of outstanding perpetual contracts.
OI change 24h / 7dHow fast leverage is entering (+) or unwinding (−) over the period.
Liquidation skewImbalance of forced closures (−1…1): + = more longs liquidated, − = more shorts.
Leverage risk0–100 composite of funding extremity, OI momentum, liquidations and volatility.

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