FCA Strengthens Responsibility Standards for the UK Crypto Industry Towards Sustainable Growth
The UK financial regulatory authority is intensifying sector regulation of cryptocurrencies by launching the final public consultation phase regarding crypto business accountability. Through this comprehensive initiative, FCA not only emphasizes companies' expectations to deliver fair outcomes to customers but also commits to maintaining space for technological innovation. This balanced approach reflects the UK's efforts to build an attractive crypto ecosystem while protecting investors from excessive risks. By emphasizing operational responsibility at every level of the industry—from exchanges to custodians—FCA aims to create a regulatory framework that is sustainable and credible in the eyes of the global market.
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FCA Strengthens Responsibility Standards for the UK Crypto Industry Towards Sustainable Growth
The UK financial regulatory authority is intensifying sector regulation of cryptocurrencies by launching the final public consultation phase regarding crypto business accountability. Through this comprehensive initiative, FCA not only emphasizes companies' expectations to deliver fair outcomes to customers but also commits to maintaining space for technological innovation. This balanced approach reflects the UK's efforts to build an attractive crypto ecosystem while protecting investors from excessive risks. By emphasizing operational responsibility at every level of the industry—from exchanges to custodians—FCA aims to create a regulatory framework that is sustainable and credible in the eyes of the global market.