The UK Financial Conduct Authority is seeking opinions on the operational standards for Crypto Assets companies.

[UK Financial Conduct Authority Seeks Opinions on Operating Standards for Crypto Assets Companies] The UK Financial Conduct Authority (FCA) announced on the 17th that it is seeking opinions on the minimum standards that Crypto Assets companies must comply with. These proposals reflect many of the requirements that already apply to Financial Institutions, such as operational resilience, systems, and controls to combat crime. The new regulations aim to maintain reasonableness, allowing UK businesses to participate in international competition.

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