london want to promote themselves a central hub for bitcoin and maybe for crypto in general, they are working on regulating it, maybe with something like bitlicence but better, seeing how bitlicens is causing some chaos and confusion(an article is talking about is on coindesk)
The UK bitlicense (if and when it happens) might be worse then the NY one. These kind of actions (forcing companies to implement backdoors in cryptography) do not inspire confidence.
This kind of laws might make the whole idea of some startup worthless.
Big Brother is watching you.... drives me up the wall, WTF?