The blockchain industry generally agrees that some kind of a national license or charter is the best way to go, similar to the United Kingdom, where there is only one central regulator.

The key benefits of a Special Purpose National Bank Charter are uniform regulations, standards, supervision, and authority for emerging financial technology companies to operate nationwide.

People in the United Kingdom and outside the United States share my bemusement with the United States that America doesn't share with itself.

FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.

I don't want to be Prime Minister of England, I want to be Prime Minister of the whole of the United Kingdom.

I happen to belong to that group opinion which holds the break-up of the United Kingdom to be imminent.