The United Kingdom is poised to overhaul its cryptocurrency regulations under the leadership of Prime Minister Keir Starmer, with comprehensive changes expected by 2025. The new government aims to focus on stablecoins and staking, aligning its regulatory framework with those of the EU and the US. This shift comes after delays in former Chancellor Rishi Sunak's vision to establish the UK as a crypto hub, which have contributed to investor uncertainty and slowed market growth. The lack of clarity in the UK's crypto regulations has left the country trailing behind the EU's Markets in Crypto-Assets (MiCA) framework. The anticipated regulatory updates are expected to provide clearer asset classifications, potentially boosting institutional interest and fostering the development of decentralized finance (DeFi) within the UK.