British authorities split on banning sale of crypto investment products
Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.
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Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.
The measure should help British funds dealing with foreign investors adopt digital assets in their portfolios.
The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny.
From El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like.
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.
In an exclusive interview with Cointelegraph, U.K. Member of Parliament Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets.
One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week.
The Investment Association believes the new technology will bring significant cost savings for end investors.
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.