
FCA Releases Guidelines on Token Taxonomy, Includes Plan to Regulate Cryptocurrency
The Financial Conduct Authority on Wednesday released guidelines for the Finance Ministry in the UK on how to regulate cryptocurrencies. Reportedly, the Ministry welcomed the guidance and was planning to consult on ‘unregulated cryptocurrencies’ later this year. This was a monumental event in the UK’s Financial System as they attempted at a classification of different types
The Financial Conduct Authority on Wednesday released guidelines for the Finance Ministry in the UK on how to regulate cryptocurrencies. Reportedly, the Ministry welcomed the guidance and was planning to consult on ‘unregulated cryptocurrencies’ later this year. This was a monumental event in the UK’s Financial System as they attempted at a classification of different types