United, this group of industry leaders provides a valuable contribution to the association's work around regulation. We will work together to help educate politicians and regulators about the crypto asset industry, to achieve a fair regulatory framework for the UK. By industry professionals working as one, we can ensure the UK fulfills its potential as a global leader in the crypto assets space.

The CEO of coinpass Jeff Hancock commented on the new strategic partnership:
“At coinpass.com, we take being an intermediary in crypto very seriously. We are pro-regulation and understand the importance of regulated endpoints between traditional finance and crypto. We may not have achieved regulation in the UK yet, but partnerships like these with likeminded intermediaries emphasize the maturity of the industry – working together, not against each other is now more important than ever.”

The UK government is working on a proposal to bring certain crypto assets into the scope of financial promotions regulation.