UK financial authority authority (FCA) seeks views on mediators, care, lending, borrowing, and decentralized finances (DEFI), in a Released the paper of the discussion on Friday.
The discussion of the discussion complies with the draft law of the Treasury announced on Tuesday. When the law passes it will bring specific crypto activities within the FCA regulation, the regulator said on its website.
“Crypto is a growing industry. Currently not fixed, we want to create a crypto regime that provides clarity companies that they need to be safe to change, while providing appropriate levels of market integrity and consumer protection,” said David Geale, executive director of payment and Digital Finance in the FCA.
