The UK plans to fully integrate crypto assets into its financial services regulatory framework by October 2027.

This article is machine translated
Show original
The UK plans to fully integrate crypto assets into its financial services regulatory framework by October 2027, subjecting them to rules similar to those for traditional finance. The FCA has initiated several consultations, proposing requirements for trading platforms, token issuance, staking, and certain DeFi activities, with final rules expected in 2026. Regulation will shift from primarily anti-money laundering registration to a comprehensive licensing system. The government is also reviewing foreign financial interference and may restrict the use of cryptocurrencies for political donations in the future. (Cointelegraph)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments