-
UK crypto rules aim to open global trading access as compliance burdens test rollout
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. ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From nypost.com | 27 hr ago
It’s hot outside in New York City, but there’s a crypto winter in the markets – and it’s likely to get worse before it gets better, industry players tell On The Money. To be sure, we’ve seen this before: 2018, 2020, then in 2022, when a confluence of factors including the FTX scandal that landed Sam Bankman-Fried in jail sent digital currencies down more ...
For President Donald Trump, pivoting his personal investments and his administration's priorities to favor cryptocurrencies has been a lucrative move. His family's crypto venture raked in more than $1 billion last year, on top of tens of millions in income from his real estate empire, according to his latest financial disclosure. For the crypto industry, ...
The European Securities and Markets Authority (ESMA) issued a public statement on 3 July reminding firms that products marketed as "event contracts" may still be subject to the bloc's long-standing prohibition on binary options for retail clients, regardless of their commercial branding. The statement, addressed to both firms and national competent ...
