UK Financial Watchdog – Dysfunctional cryptocurrencies fall outside scope of regulation but security tokens don’t
The FCA has been looking into cryptoassets over the last couple of month and issued the Guidance on Cryptoassets, a policy statement to set out details on where different types of cryptoassets might fall in the regulatory perimeter. FCA said crypto markets were highly dysfunctional. It’s currently up to consumers to understand the risks associated …