The United Kingdom’s International Financial Supervisory Agency requests public inputs to organize the encryption sector

The UK Financial Supervision Authority requests the public’s opinion on the encryption regulations.

Financial behavior body (FCA) He says It aims to develop a “safe, competitive and sustainable” digital assets sector.

“Long -term confidence in the assets of encryption depends on a clear organization to enhance market safety and protect the appropriate consumer.

We are looking for inputs on how to consider the unique aspects of the assets of encryption in our future regulatory system. We want an open discussion about the features of the future system, with this the latest DP discussion looking for views on how to organize trading platforms, brokers, standing, lending, borrowing, and decentralized financing. We are also looking for notes on credit use to buy encryption assets. “

The organizer a Discussion paper Her proposals were developed after intense consultation with specialists in the encryption industry, digital asset consumers and stakeholders in the traditional financing sector.

FCA aims to restrict the use of credit card when purchasing Crypto, and earlier this year, the regulator moved to prohibit digital asset ads, and managed to reduce ads by 50 %.

The Financial Supervision Authority says it is now making “good progress” with technology companies in organizing banned advertisements, but it is still concerned about the spread of online fraud.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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