According to Foresight News, the early elections in the UK have led to the cryptocurrency industry vying for connections with the Labour Party, in hopes of gaining support for regulatory policies. However, the future stance of the Labour Party remains unclear. Insiders have revealed that the UK's Financial Conduct Authority (FCA) is expected to release the initial draft of its proposed cryptocurrency licensing system by the end of this year.
UK Cryptocurrency Industry Seeks Support From Labour Party Amid Early Elections
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