The UK financial regulator has published proposals to regulate for the first time many areas of the crypto market, including rules for listing digital assets, restrictions on insider trading and capital requirements for the fast-growing sector.
The Financial Conduct Authority’s plans were released a day after the government presented draft legislation for cryptoasset companies. They are designed to balance the UK’s desire to be a global digital asset hub with the aim of protecting consumers in the high-risk market.
In some areas, the FCA said it had diluted its plans from initial proposals published…
