In other words, the UK is moving from partial oversight to a much more complete regulatory architecture, through which credibility and reliability (as underlined in a recent FCA webinar) may become its greatest competitive advantage. That matters for both financial crime policy and the UK’s ambition to remain a leading centre for financial innovation. How Crypto Amplifies RiskThe first point underlined by the roundtable discussion was that crypto does not simply create a set of wholly new crimes. In that sense, crypto often amplifies existing risks rather than creating new ones. This is particularly clear in the relationship between crypto and traditional finance.