UK FCA: Consultation on Further Regulatory Rules for Cryptocurrency Asset Firms Enters Final Consultation Stage

Techub News reports that the UK Financial Conduct Authority (FCA) has launched a consultation on further regulatory rules for crypto-asset firms, stating that the key related rules have entered the final consultation stage. The FCA stated that this round covers 10 regulatory proposals, aiming to promote the establishment of an "open, sustainable, and competitive" crypto market. It simultaneously emphasized that market risks still exist, regulation "cannot and should not" eliminate all risks, and hopes that investors fully understand the related risks.