The new regulations revealed by the Financial Conduct Authority include several technical traps which crypto software providers need to watch for to avoid sanctions The U.K. Financial Conduct Authority has proposed detailed "cryptoasset perimeter" guidance that would bring most crypto activities under the Financial Services and Markets Act by October 25, 2027. Under the plan, any firm holding client crypto assets for more than 24 hours, or with the ability to override client authority, would be…
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