Brexit’s Surprising Side-Effect: Stiffer Bitcoin Regulations

2019-4-17 20:46

By CCN: The prolonged process for withdrawing from the European Union may have resulted in great uncertainty, but the UK’s financial watchdog is sure about what it wants post-Brexit – more muscle to oversee bitcoin and the crypto industry at large.

According to the Financial Conduct Authority’s business plan for 2019/2020, the regulator will urge Her Majesty’s Treasury to boost its enforcement powers in the crypto sector ahead of Brexit. Per FCA’s chief executive, Andrew Bailey, UK’s EU withdrawal is the body’s most pressing and urgent challenge. Andrew Bailey on our Business Plan 2019/20 https://t. co/4Juptx0QcY pic. twitter. com/d5guGsyJtV — FCA (@TheFCA) April

The post Brexit’s Surprising Side-Effect: Stiffer Bitcoin Regulations appeared first on CCN

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With Brexit Around the Corner UK Still Plans No Regulations on Cryptocurrencies

With the recent swings in the prices of numerous cryptocurrencies, many governments around the world have begun to take an even closer look at the world of cryptocurrencies. The UK has usually been amongst the precurses when it comes to passing laws to meet the world’s latest issues! This week kicked off with Lord Taylor […] With Brexit Around the Corner UK Still Plans No Regulations on Cryptocurrencies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-19 18:59