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Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by th...

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Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations
The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). 
During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the FCA came under "political pressure" to approve crypto companies, highlighting the influence that elected officials had on independent regulatory bodies....
Read More: Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

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

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