UK FCA targets 90% of failing crypto firms with new rules on transparency and market abuse

UK FCA targets 90% of failing crypto firms with new rules on transparency and market abuse

Invezz.com – The Financial Conduct Authority (FCA) has introduced a discussion paper aimed at addressing market abuse and improving transparency in the UK’s crypto markets.

Released on 16 December 2024, the proposals focus on strengthening admission and disclosure standards for crypto-assets.

These changes are part of a broader initiative to create a cleaner, more secure trading environment while protecting investors from the risks associated with cryptocurrencies.

Over the past few years, the FCA has gradually tightened its regulatory stance on crypto-assets, highlighting the dangers posed by fraudulent activities and inadequate controls.

Despite recent measures, the regulator warns that cryptocurrencies remain high-risk investments, where losses can be substantial, and investor protection is limited.

FCA’s new proposals for admissions and disclosures

The FCA’s discussion paper outlines a series of changes…
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