Techub News: The UK Financial Conduct Authority (FCA) has launched a consultation on further regulatory rules for crypto asset firms and stated that key related rules are now in the final consultation stage. The FCA said this round covers 10 regulatory proposals aimed at fostering an "open, sustainable, and competitive" crypto market, while also emphasizing that market risks still exist. The regulator noted that "it cannot and should not" eliminate all risks and hopes investors fully understand the associated risks.
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Techub News: The UK Financial Conduct Authority (FCA) has launched a consultation on further regulatory rules for crypto asset firms and stated that key related rules are now in the final consultation stage. The FCA said this round covers 10 regulatory proposals aimed at fostering an "open, sustainable, and competitive" crypto market, while also emphasizing that market risks still exist. The regulator noted that "it cannot and should not" eliminate all risks and hopes investors fully understand the associated risks.