Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
UK FCA plans to launch cryptocurrency market abuse regime this year

UK FCA plans to launch cryptocurrency market abuse regime this year

CointimeCointime2024/03/19 11:20
By:Cointime

According to a business strategy on Tuesday, the UK Financial Conduct Authority (FCA) plans to implement a market abuse regime for cryptocurrencies this year. The regime will apply to any market abuse behavior of crypto assets traded on exchanges in the UK, regardless of where they are headquartered.

The business plan sets an agenda to protect consumers, ensure market integrity, and promote international competitiveness. Last year, the government released a consultation paper which included plans for a market abuse regime for crypto assets.

FCA is the main regulatory body for cryptocurrencies in the country. So far, FCA has implemented a cryptocurrency promotion regime, which includes requirements such as increasing risk warnings and a 24-hour cooling-off period for first-time buyers. It has also been consulting on stablecoin regimes.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like