FCA Clarifies Stance on Cryptocurrency Offerings β Derivatives βLikelyβ Require Authorization

In a statement issued on Friday by the FCA the UKs financial watchdog the agency announced that all companies wishing to provide cryptocurrency derivatives would likely require official authorization to do so. FridaysΒannouncement comes as the FCA seeks to clarify its stance when it comes toΒcryptocurrency derivatives. According to the official statement all companies that offer or wish to offer services linked to cryptocurrency derivatives must comply with all rules in the FCA Read More The post FCA Clarifies Stance on Cryptocurrency Offerings Derivatives Likely Require Authorization appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/fca-clarifies-stance-cryptocurrency-offerings-derivatives-likely-require-authorization/