Policy, UK, FCA, crypto regulatioin, News The Financial Conduct Authority is in search of views on intermediaries, staking, lending and borrowing, and decentralised finance.
The U.Okay.’s Financial Conduct Authority (FCA) is in search of views on intermediaries, staking, lending, borrowing, and decentralised finance (DeFi), in a discussion paper released on Friday.
The dialogue paper follows draft laws by the Treasury that was introduced on Tuesday. Once the laws passes it should deliver particular crypto actions throughout the FCA’s regulation, the regulator stated on its web site.
“Crypto is a growing industry. Currently largely unregulated, we want to create a crypto regime that gives firms the clarity they need to safely innovate, while delivering appropriate levels of market integrity and consumer protection,” stated David Geale, government director of funds and digital finance on the FCA.
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