UK’s Financial Watchdog Opens Public Debate on Crypto Regulation
The UK’s Financial Conduct Authority (FCA) is introducing new regulations for cryptocurrencies, urging public and industry feedback on crypto intermediaries, staking, lending, borrowing, and Decentralized Finance (DeFi). The move follows the UK Treasury’s draft legislation, which will formally place a wider range of crypto activities under FCA’s direct supervisory power. The FCA aims to balance…
