Blockchain Development Company In London, UK
The United Kingdom is widely known as the home of both modern parliamentary democracy and the Industrial Revolution. As the UK is having the world’s most effective business and investment environments it is ranked 3rd among 44 countries in the Europe region. State of Crypto and Blockchain in the UK Cryptocurrency Regulation In UK The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, undergoing a study on cryptocurrency and its technologies, evaluating the risks and benefits. Recently, The Financial Conduct Authority (FCA) announced certain guidance on cryptocurrencies and also given an important clarification toward cryptocurrency regulations. cryptocurrencies like bitcoin and ethereum are categorized as exchange token and it is unregulated but fall under anti-money laundering regulations Security tokens are categorized as a specified investment and will fall under FCA jurisdiction. Stablecoin is defined as e-money, whi...