What will be the impact of the proposed regulation on blockchain technology concerning innovation?

What is your view are the current challenges regarding cryptocurrency regulation in the UK?
What should be the components/priority areas of a framework that can address these challenges?
What should be the goal of the proposed governance/regulatory framework?
How will the proposed framework reconcile legal and regulatory issues?

How can the proposed framework regulate the purchasing and selling of crypto assets?
In what way will the proposed framework regulate paying for goods and services using crypto assets?
What are the perceived barriers to implementation?
How can the legal and policy landscape support the proposed framework?
What will be the impact of the proposed regulation on blockchain technology concerning innovation?