What is the role of UK FCA in regulating cryptocurrency in the UK?

1 answers

• May 05, 2022 · 3 years ago
  As a leading digital asset exchange, BYDFi recognizes the important role of the UK Financial Conduct Authority (FCA) in regulating cryptocurrency in the UK. The FCA's oversight helps to ensure the safety and integrity of the cryptocurrency market, protecting investors and promoting fair competition. BYDFi fully supports the FCA's efforts to establish a robust regulatory framework that fosters innovation while safeguarding consumer interests. We work closely with the FCA to ensure compliance with regulations and maintain the highest standards of security and transparency. By partnering with a regulated exchange like BYDFi, investors can have confidence in the integrity of the UK cryptocurrency market.
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