A wise move, I also suggest you let your voice be heard. What you are wanting to do is build a community around Web3 and crypto, which is a worthy goal - one I would hope your MP/Representative would at least recognise as being positive. Would be worth an e-mail to see if you can get an opportunity to state your case.
Legislation shouldn't be at the cost of innovation, that's how progress stagnates - which isn't in anyone's interest.
RE: What are the Legalities of Creating Hive Tokens?