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Amendment to UK financial services bill provides regulation for crypto activities

The bill addressed stablecoin regulation from the start. Now, the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Amendment to UK financial services bill provides regulation for crypto activities

The bill addressed stablecoin regulation from the start. Now, the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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