UK Financial Regulator To Release Crypto Review This Year With BoE And Treasury
The UK Financial Conduct Authority (FCA) will publish a review of a cryptocurrency this year with the UK Treasury and Bank of England (BOE), according to the FCA's 2018/201 9 business plan. .
At the end of March, the UK Treasury has announced the creation of the Cryptocurrency Working Group with BOE and FCA in order to regulate and support crypto technologies. The FC informed the publication of regulatory regulatory sandbox. SOURCE https://cointelegraph.com/news/uk-financial-regulator-to-release-crypto-review-this-year-with-boe-and-treasury
It's a good approach to regulate the use and extent of cryptocurrencies, which not only improve the user base but also improve the trust on cryptocurrencies in which people can invest money.