ICYMI: UK financial regulator advises against rush to add crypto markets, Financial Times says
Britain’s chief financial regulator cautioned in a speech on Friday against adding crypto markets to his agency’s territory too quickly amid a government plan to make the UK a crypto hub, theThe UK's chancellor, Rishi Sunak, revealed plans in April to regulate stablecoins and issue an NFT as part of a bid to position the UK as a crypto hub,Still, the head of the Financial Conduct Authority , Charles Randell, cited a need to be realistic about the amount of preparation needed to supervise...
Randell went on to stress the importance of his agency’s independence when some in the crypto industry have urged the government to press the regulator to be more accommodating, the FT reported. He also said it was not clear how the FCA would pay for the costs involved in adding digital assets to its responsibilities.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Putin’s ‘Under Pressure’ Commanders Will Push Unprepared Forces To Donbas, U.K. Defense Ministry SaysI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
Read more »
HRT swaps to fix supply shortage for UK womenPharmacists will be able to give suitable replacement products, without needing a brand new prescription.
Read more »
U.K. Retail Sales Rebounded in AprilBy Will Horner U.K. retail sales rebounded in April, beating analysts' forecasts, as spending on alcohol, fuel and at online stores rose, the Office for...
Read more »
Russia likely running short on drones, hindering key war reconnaissance strategy: UKRussia may be running low on unmanned aerial vehicles advised the U.K. Ministry of Defense Saturday, a problem that could hinder its war effort.
Read more »
Rare Monkeypox Outbreak In UK, Europe And US: What Is It And Should We Worry?The cases point to possible sexual transmission of this cousin of smallpox — a previously unknown method of spread for monkeypox.
Read more »
UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report.TheFCA and hmtreasury will take into account the recent collapse of terra_money as they consider new crypto regulations. By camomileshumba
Read more »