馃殌 UK Crypto Regulation on the Horizon! 馃殌
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. 馃彟
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! 馃挰