30 подписчиков

🚨 DeFi Advocacy Group Challenges UK's Proposed Crypto Regulation Framework

13 февраля13 фев

~1 мин

The U.S.-based DeFi Education Fund has submitted a formal response to the U.K. Financial Conduct Authority, opposing key parts of its proposed crypto regulatory regime. According to CoinDesk, the group argues that developers of non-custodial protocols should not be regulated as financial intermediaries. The submission urges the FCA to base its rules on the principle of "unilateral control" rather than treating decentralized software similarly to centralized entities.

The U.S.-based DeFi Education Fund has submitted a formal response to the U.K. Financial Conduct Authority, opposing key parts of its proposed crypto regulatory regime. According to CoinDesk, the group argues that developers of non-custodial protocols should not be regulated as financial intermediaries. The submission urges the FCA to base its rules on the principle of "unilateral control" rather than treating decentralized software similarly to centralized entities.

...Читать далее

🚨 DeFi Advocacy Group Challenges UK's Proposed Crypto Regulation Framework

The U.S.-based DeFi Education Fund has submitted a formal response to the U.K. Financial Conduct Authority, opposing key parts of its proposed crypto regulatory regime. According to CoinDesk, the group argues that developers of non-custodial protocols should not be regulated as financial intermediaries. The submission urges the FCA to base its rules on the principle of "unilateral control" rather than treating decentralized software similarly to centralized entities.