News Formal

UK Crypto Firms and Regulator Blame Each Other for Industry Exodus

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

IN DEPTH: Crypto firms that tried, and failed, to register with TheFCA cite delays and poor feedback. The regulator says it rejected applications that didn't meet requirements. Some of these firms now serve locals from abroad. camomileshumba reports

, said she had worked with several clients that had been scammed by at least five crypto companies that tried and failed to register with the FCA.

It could get worse for crypto firms because the government’s proposed rules – open to public comment till April – would make it mandatory for companies that successfully registered with the FCA toUK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory ApprovalFirms that now serve U.K. clients from elsewhere told CoinDesk the FCA may have been struggling with staffing issues that caused delays in the vetting process.

Representatives of two other crypto firms said they had multiple case officers from the FCA handling their registration, possibly due to staffing problems.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

TheFCA camomileshumba Ouuu

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 291. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Hong Kong securities regulator adds crypto personnel for industry supervisionAccording to the statement, the development is a response to increasing numbers of operators wishing to carry out virtual asset-related activities. They made a very good decision.
مصدر: Cointelegraph - 🏆 562. / 51 اقرأ أكثر »