๐ UK Crypto Regulation on the Horizon! ๐
The UK's Financial Conduct Authority (FCA) is gearing up to finalize crypto regulations by 2026, with input from the Treasury, Bank of England, and SEC. ๐ฆ
Key Focus:
- Address market abuse
- Regulate trading platforms, lending, and stablecoins
Consultations start late 2024 to keep pace with the US and Hong Kong. FCA's Matthew Long emphasizes creating a fair and transparent crypto ecosystem.
Join the conversation! What do you think about the UK's regulatory approach? Share your thoughts in the comments! ๐ฌ