City AM: Cryptoasset regulation is a make or break moment for the City of London writes Lord Kulveer Ranger

The UK must rapidly adjust to new digital assets technologies like crypto or risk losing our place as a global financial hub, writes Lord Kulveer Ranger

After six years as the global number two for fintech investment, this year the UK has been unseated by the UAE – driven by a $2bn Binance deal secured thanks to their clearer rules on digital assets. This is no longer a hypothetical, the UAE’s clarity and competitive edge in digital asset regulation has directly led to the UK losing our position.

– Lord Kulveer Ranger, City AM, September 2025

In a recent City A.M. article, DMDM APPG Co-Chair Lord Kulveer Ranger warns that effective cryptoasset regulation will be a “make-or-break moment” for the City of London. As the UK strives to maintain its status as a global financial centre, he argues that policymakers must move swiftly to deliver a clear, proportionate framework that protects consumers while enabling innovation. With the EU’s MiCA regime and US digital-asset bills advancing, the piece highlights growing concern that regulatory delays could drive capital, talent, and technological leadership overseas. The Digital Markets & Digital Money APPG continues to champion dialogue between industry and Parliament to ensure the UK remains competitive in the digital-finance era.

Click here to read the full article in City AM