Cryptocurrency

Cryptocurrency

State of Cryptocurrency Regulations In The UK

With the ongoing Interest of UK governments and users, there seems to be a Good future of Cryptocurrencies and blockchain. Cryptocurrencies are not banned in the UK nor are they subjected to any specified regulations. Cryptocurrencies are termed ‘Exchange Tokens’ in the UK as they are intended to be used as a mode of payment. Exchange tokens in the UK are regulated for Money Laundering purposes. Cryptocurrency exchanges in the UK are generally required to register with the Financial Conduct Authority(FCA). The FCA guidelines mentioned that the entities involved in...
1 94 95 96 97 98 833
Page 96 of 833