UK Financial Regulator Maintains Strict Crypto Standards Despite Industry Pressure
TLDR: FCA maintains strict crypto regulations despite criticism, prioritizing consumer protection and market integrity Val Smith (FCA head of payments/digital assets) warns against lowering standards Out of 35 recent registration applications, only 4 were approved by UK regulators FCA launched a sandbox initiative with Bank of England on October 1, 2024 Bitcoin remains the most [...] The post UK Financial Regulator Maintains Strict Crypto Standards Despite Industry Pressure appeared first on Blockonomi.