The United Kingdom’s financial guard dog requests public opinion on cryptographic regulations.
The Financial Conduct Authority (FCA) says that it aims to develop a “safe, competitive and sustainable” digital asset sector.
“Long -term confidence in cryptographic assets depends on clear regulations to promote market integrity and appropriate consumer protection.
We are looking for a contribution to the way in which the unique aspects of cryptographic assets should be taken into account in our future regulatory regime. We want an open discussion on the features of the future regime, with this last discussion document (DP) in search of points of view on how we set trading platforms, intermediaries, loss, loans and decentralized borrowings and finances. We are also looking for comments on the use of credit to buy cryptographic assets. »»
The regulator claims that a discussion document and its proposals have been developed after an in -depth consultation with professionals in the cryptographic industry, consumers of digital assets and stakeholders in the traditional finance sector.
The FCA aims to restrict the use of credit cards when buying crypto, and earlier this year, the regulator moved to prohibit advertising on digital assets, managing to reduce advertisements by 50%.
The financial guard dog says it is now making “good progress” with technological companies in the regulation of prohibited advertisements, but is still concerned about the prevalence of online scams.
Follow us on X, Facebook and Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
