What the UK’s FCA is focused on while drawing up its crypto regime
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New research by the UK’s Financial Conduct Authority (FCA) shows 93% of UK adults have heard of crypto assets. About 12% of those surveyed own them — representing about 7 million people.
These findings point to “the need for clear regulation that supports a safe, competitive and sustainable crypto sector,” said Matthew Long, the FCA’s director of payments and digital assets.
Sounds like a good time for an update on the FCA’s approach.
We received just that on Tuesday, as Long detailed some of the takeaways from the UK regulator’s chats this year with crypto companies, law firms, government officials and other…