All Eyes On London As It Catapults Mass Adoption Of Crypto And Blockchain Technology During London Web3 Week
In just over a week (October 5-6) the most influential names in the digital asset space will gather at London’s Zebu Live 2023. Mo Gawdat, AI expert and bestselling author, and Coinbase’s UK Country Director, Elke Karskens, will join zkSync, Blockchain.com, and Diary of a CEO podcast host and BBC Dragon’s Den member, Steven Bartlett, at the conference taking place during London’s Web3 week. The week is set to galvanise the Web3 community to define both what’s needed to establish London as the global crypto and blockchain hub and answer how the industry can become a mainstream destination for transaction and interaction.
In the year following Matt Hancock’s appeal at Zebu Live in 2022 for the UK to “become the home of crypto” and implement “progressive legislation”, calls for clarity on how the industry is governed have grown louder across the globe. Despite dominating in terms of infrastructure, the US has been criticised for its lack of distinction between the regulations that govern traditional financial entities and those that govern crypto. This ambiguity has led to firms facing legal action for alleged breaches.
Coinbase, one of many leaders in the space calling for the classification of crypto assets, will be sending its UK Country Director, Elke Karskens, to take to the Zebu Live mainstage. Elke will expand on how the company is set to create an industry precedent having declined the SEC’s request to delist all assets except bitcoin. This move, in the company’s view, would have caused the end of the crypto industry.
What Does An On-Chain Future Look Like For Gaming And The Metaverse?
The gaming industry will also receive the spotlight as its adoption of on-chain technology is met with a a seismic stream of funding: the industry is forecast to be worth $65 billion by 2027. The likes of Animoca, Playember, and The Cryptoverse will answer why an on-chain future will be revolutionary for user experience.
"It’s clear that the UK is in a prime position to lead a global example for setting the roadmap on how Web3 can deliver on its promises of self sovereignty in finance and data ownership.
The biggest brands in Web3, thousands of users and artists, investors and even members of parliament will descend upon London during Web3 week answering the PM’s call for collaboration to drive project and infrastructure development. We will also combine forces to set the government and regulatory bodies to task in clarifying the regulations needed to cement our seat at the head of the global Web3 table. Slowly then suddenly,” comments Harry Horsfall, CEO and co-founder of Zebu Live.
“The FCA regulations coming into effect on the 8th of October pose challenges, undoubtedly. But just as every dark cloud has a silver lining, I believe these regulations will pave the way for more transparent, secure, and user-friendly innovations in the crypto domain. London has the potential, the energy, and the talent to burgeon as a major crypto hub. And while there are hurdles on the way, my optimism for the future of crypto in the UK remains unwavering,” added Jamie Elkaleh, Bitget UK Country Manager.