Crypto Public Offers Under Scrutiny As UK FCA Proposes Ban – Details
The UK Financial Conduct Authority (FCA) has released a discussion paper outlining several proposals and inviting public feedback on crypto regulations in the country. Notably, one proposal seeks to ban public crypto offers from non-regulated entities.
Cryptocurrency Public Offers Draw The FCA’s Attention
According to the FCA, the proposals – detailed in the discussion paper titled “DP24/4” – aim to mitigate risks associated with digital assets while fostering growth and innovation within the sector. The paper is directed toward investors, crypto firms, industry groups, and other professional bodies involved in the virtual assets space.
One proposal garnering significant attention is a potential ban on public virtual…
