UK Crypto Regulation and Adoption - The UK is actively working towards integrating crypto into its financial system, demonstrated by setting new rules for crypto in April and appointing a digital markets champion for tokenization efforts in October [4][6][7] - The UK government lifted a crypto ETF ban, signaling a pro-crypto stance and ambition to be a leader in the crypto space [8][9] - A new law in the UK formally recognizes cryptocurrencies, stablecoins, and other digital assets as personal property, setting the stage for digital asset and tokenized money adoption [32] - Approximately 12% of UK adults own cryptocurrency, positioning the UK as a leader in digital asset regulation [33] Quant Network's Role in UK's Digital Transformation - Quant Network is secretly powering the UK shift from the traditional-based system to a blockchain-based digital system [1] - Quant was named a supplier on the UK government's CCS G-Cloud 12 framework in September 2020, granting the UK government access to Quant's technology [11][12] - Quant joined the Digital Pound Foundation in October 2021, playing a key role in realizing the UK's CBDC vision [13] - Quant's technology was used in the Bank of England's CBDC project (Project Rosalind), confirming Overledger's capabilities [16][17] - Quant, R3, and banking giants paved the way for tokenized payments in the UK through the RLN initiative [17][18] - Quant has been selected to create the new payments infrastructure and bank technology of the UK's tokenized sterling deposits [23] - Quant is an enabler of the UK moving into the digital-based system [28]