UK’s FCA releases guidelines for Bitcoin and cryptoassets regulation

UK’s FCA releases guidelines for Bitcoin and cryptoassets regulation

Bitcoin, Ether and other similar assets remain FCA-unregulated. Security tokens behave like shares or debt instruments and have ownership rights. The United Kingdom financial watchdog, the Financial Conduct Authority (FCA) has released cryptocurrency guidelines. The released rules clarify the asset classes that fall under the FCA’s jurisdiction.