Bitcoin for the UK: Our Briefing for the House of Lords
If you've ever wondered why Bitcoin keeps making headlines - or why it’s more than just “internet money” - our new briefing paper for the House of Lords explains why.
Bitcoin is a strategic opportunity for the UK: a secure, decentralised monetary network that supports innovation, energy resilience, and even humanitarian efforts worldwide. But right now, UK policy is holding that potential back.
The current “one-size-fits-all” approach treats Bitcoin like every other speculative crypto token - discouraging responsible innovation while pushing people toward offshore, unregulated markets.
We’ve outlined 4 practical policy fixes to change that:
-Create a separate regulatory category for Bitcoin
-Simplify taxation on small transactions
-Allow access to regulated Bitcoin ETFs
-Stop debanking legitimate businesses
With proportionate regulation, the UK can unlock innovation, protect consumers, and strengthen its position as a global financial leader.
Learn more here:
https://bitcoinpolicy.uk/blog-1/f/bitcoin-for-the-uk-our-briefing-paper-for-the-house-of-lords