FCA Releases Discussion Paper on Transparency in Crypto Market
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The FCA has recently published a discussion paper aimed at tightening regulations in the UK’s crypto-asset market in order to address concerns of abuse and lack of transparency.
The regulator aims to provide clear and consistent rules for both firms and consumers in order to improve regulatory clarity.
The paper suggests that authorized crypto trading platforms implement robust internal measures to prevent market abuse and share information to detect fraudulent activity.
According to the FCA, proper disclosure and market abuse regulations are vital for promoting integrity and trust in crypto markets, as well as aiding individuals in making informed financial decisions.
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