The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the FCA came under "political pressure" to approve crypto companies, highlighting the influence that elected officials had on independent regulatory bodies....
Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations
Crypto News - 21 Sep 2023 20:00
The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the FCA came under "political pressure" to approve crypto companies, highlighting the influence that elected officials had on independent regulatory bodies....
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