By PAUL O’DONOGHUE, Senior Correspondent
THE UK’s FCA (Financial Conduct Authority) has unveiled proposals to regulate crypt oasset activities for the first time, in what has been hailed as a “watershed moment” for the sector.
The regulator published three consultation papers covering new conduct and prudential regimes. The FCA said the proposals aim to support “innovation-friendly crypto regulation” while strengthening oversight of crypto markets.
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