DevCoinDeskabout 2 hours ago
UK FCA crypto rules aim to unlock global trading
1 min read
The FCA unveiled a crypto framework preserving access to global liquidity and allowing non-U.K.-issued stablecoins. Uncertainty over DeFi and a demanding authorization process, which rejected or forced withdrawal of over 85% of AML applications, threaten the rollout. Institutional adoption may gain from legal certainty.
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