FCA CEO: UK government will cooperate with US in developing crypto regulatory framework

07/15 07:00

According to the FCA’s official website, Nikhil Rathi, chief executive of the UK’s Financial Conduct Authority (FCA), said in a speech that the UK will “deepen ties” with the US in developing a regulatory framework for cryptocurrencies. Additionally, the U.K. government has coordinated with the U.S. and Singapore to form an international securities organization working group aimed at addressing DeFi and crypto market risks.

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