What are the latest regulatory updates for digital currencies on the London Stock Exchange?

1 answers

• Dec 19, 2021 · 3 years ago
  The London Stock Exchange has recently witnessed some important regulatory updates in relation to digital currencies. The Financial Conduct Authority (FCA) has introduced new rules to ensure the protection of investors and the integrity of the market. These rules require all digital currency firms to register with the FCA and comply with anti-money laundering regulations. By doing so, the FCA aims to prevent fraudulent activities and promote transparency in the market. Furthermore, the FCA has banned the sale of cryptocurrency derivatives to retail consumers, as they are considered high-risk products. These updates are expected to enhance the overall stability and trustworthiness of the digital currency market on the London Stock Exchange.
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