UK Regulators Say “Relax” to Crypto, “Brace Yourself” for Cyberattacks 🚀🔐
Apparently, the FCA’s new plan is all about adapting their dusty old financial rulebook to the shiny, mysterious world of cryptoassets. David Geale, the FCA’s executive director for payments and digital finance, pointed out the obvious: just slapping traditional finance rules onto crypto is like trying to fit a square peg into a round blockchain. Geale said, “You have to recognize that some of these things are very different,” which is code for, “We’re still figuring this stuff out, folks.”

