UK financial industry brings $100 billion dirty money a year into the country. If the banks support the crypto they can double that amount in short span of time.
> UK financial industry brings $100 billion dirty money a year into the country.
Official estimates says, depending on the source, that from 1.5% up to 5% of the world's GDP is tied to criminal activities.
The GDP is about 100 trillion.
Cryptos are a complete insignificant drop in the bucket. Even if 100% of cryptos were linked to crime, it's still be absolutely nothing compared to the actual criminal activities ongoing (like drug trafficking) and the percentage of the worldwide GDP they represent.
I think UK could do it.