UK's Financial Services and Markets Bill should be passed by spring 2023, Treasury says

12/20 00:03

According to Coindesk, the U.K.'s wide-ranging Financial Services and Markets Bill (FSMB), which could give regulators more power over crypto, should be passed into law by next spring, a Treasury spokesperson said. If the FSMB is passed as is, it will ensure crypto is treated as a regulated activity and give the Financial Conduct Authority (FCA) and Payments Systems Regulator power to regulate the sector and protect consumers. It is possible that the bill could end up being passed outside of the Treasury’s expected time frame. No Parliament sites have listed a timeline for the bill's passage yet. The Treasury is looking to release a consultation on how it will regulate crypto in the coming weeks.
2Bearish1Partilhar
Isenção de responsabilidadeO conteúdo acima não representa as posições da HTX.A HTX não faz quaisquer recomendações de negociação.

Artigos relacionados

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

  • Image

    Robinhood Chain flips Hyperliquid – 2 metrics show speculative interest

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular

Artigos relacionados

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

  • Image

    Robinhood Chain flips Hyperliquid – 2 metrics show speculative interest