UK Regulator Seeks International Crypto Regulation Coordination, Not Over-regulation - Official

By CryptoNews - 1 year ago - Reading Time: 1 minutes

UK Regulator Seeks International Crypto Regulation Coordination, Not Over-regulation - Official

 
International regulators should cooperate to develop a regulatory framework for cryptoassets – but not over-regulate the industry and kill innovation, according to a senior representative of the UK regulatory body Financial Conduct Authority (FCA).
David Raw, Co-Director of Consumer and Retail Policy at the FCA, said there is a need for “a new approach to regulating crypto because I think the industry is evolving so quickly.”...
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Original source: CryptoNews