UK to Regulate Crypto Like Traditional Finance by 2027: Report
The UK intends to regulate the crypto industry in a manner similar to traditional finance by 2027, according to reports. Proposals from the Financial Conduct Authority (FCA) are expected to shape the regulatory landscape for trading platforms and Decentralized Finance (DeFi). The plans also include oversight of political donations made using cryptocurrencies. The development aims to integrate crypto assets into the existing financial framework, ensuring compliance and consumer protection.
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