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# FCA
449
BasheerAlgundubi
#عاجل🚨🚨🚨 : The United Kingdom Regulates Cryptocurrencies Just Like Traditional Financial Services 🇬🇧
According to The Guardian, the British Treasury is working on drafting legislation to subject cryptocurrencies to the supervision of the Financial Conduct Authority (#FCA ) by 2027.
• Cryptocurrency trading platforms and traders will be treated as traditional financial companies.
• Oversight by the Financial Conduct Authority (FCA) to ensure transparency and investor protection.
• Legislation is expected to be enacted soon; the full framework will be implemented by October 2027.
• The legi
View OriginalAccording to The Guardian, the British Treasury is working on drafting legislation to subject cryptocurrencies to the supervision of the Financial Conduct Authority (#FCA ) by 2027.
• Cryptocurrency trading platforms and traders will be treated as traditional financial companies.
• Oversight by the Financial Conduct Authority (FCA) to ensure transparency and investor protection.
• Legislation is expected to be enacted soon; the full framework will be implemented by October 2027.
• The legi
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The UK FCA plans to exempt some encryption companies from TradFi regulations.
According to news from Hashi Chain, the UK's Financial Conduct Authority (FCA) plans to include cryptocurrency asset companies in a comprehensive regulatory framework starting next year, but some TradFi rules will be exempted. The FCA stated that directly applying existing financial regulations is difficult to adapt to the characteristics of the encryption industry and will adjust regulatory measures based on risk. Cryptocurrency platforms will not be subject to core principles such as "honest operation" and "cus
View OriginalAccording to news from Hashi Chain, the UK's Financial Conduct Authority (FCA) plans to include cryptocurrency asset companies in a comprehensive regulatory framework starting next year, but some TradFi rules will be exempted. The FCA stated that directly applying existing financial regulations is difficult to adapt to the characteristics of the encryption industry and will adjust regulatory measures based on risk. Cryptocurrency platforms will not be subject to core principles such as "honest operation" and "cus
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