UK’s FCA Seeks Balanced Crypto Regulation By Merging TradFi An | DeFi Updates

UK’s FCA Seeks Balanced Crypto Regulation By Merging TradFi And DeFi Approaches

The UK’s Financial Conduct Authority (FCA) aims to strike a balance in regulating cryptocurrencies by merging the best elements of traditional finance (TradFi) and decentralized finance (DeFi). Matthew Long, the FCA’s director of payments and digital assets, emphasizes the necessity of this strategy for effective regulation during his speech at the FT Crypto and Digital Assets Summit on May 8.

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