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Tag Archives: CryptoUK

CryptoUK Suggests MPs Support Regulations

The cryptocurrency market moves into the green today after CryptoUK suggested MPs to regulate the emerging market: CryptoUK, known as the self-regulatory body, has been urging the MPs to regulate the cryptocurrency market under the U.K.’s Financial Conduct Authority (FCA). The UK government has recently formed a task force to scope out the pros and cons of cryptocurrency markets; they are ...

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CryptoUK Trade Association Calls On MPs To Regulate Cryptocurrency Sector In UK

CryptoUK, a self-regulatory trade association for the UK cryptocurrency industry, addressed several Members of Parliament (MPs) to advocate for favorable regulations in the sector, news outlet City A.M. reported May 1. The association set out its proposals in writing to the Treasury Select Committee’s inquiry into cryptocurrencies today. The inquiry intends to examine the role of digital currencies in the ...

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CryptoUK Pressures MPs to Regulate the UK’s Digital Currency Industry

A group of British cryptocurrency platforms are putting pressure on several members of parliament to regulate the U.K. digital currency space favourably. CryptoUK comprises of eight members and aims to create a more transparent and reliable legal status for investors and businesses in the sector. Regulation Could Either Stifle or Encourage Financial Innovation in the UK CryptoUK put forward their ...

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CryptoUK: Seven Crypto Companies Form UK Cryptocurrency Trading Body

Seven of the largest crypto companies are forming a UK cryptocurrency trade body named CryptoUK, bringing the first self-regulation to the booming industry. This news comes just days after Brian Quintenz, a commissioner with the U.S. Commodity Futures Trading Commission, advised the crypto industry to form such a group to help regulate itself. CryptoUK, with members including exchange and trading platforms such ...

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