UK crypto rules aim to open global trading access as compliance burdens test rollout
From tradersunion.com
As reported by CoinDesk, the Financial Conduct Authority's new framework is drawing early support from industry participants who say it avoids the more protectionist features seen in the European Union's Markets in Crypto-Assets regime. The rules are designed to let UK customers keep access to global trading venues and allow overseas-issued stablecoins to circulate, a structure that supporters say could improve pricing and market depth. Katie Harries, Coinbase's head of policy for Europe, says the final rules mark a major step for regulatory clarity and for the UK's competitiveness in digital asset innovation. ...
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