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Rishi Sunak's UK crypto ambitions at risk after watchdog approves just four firms - DL News

Retrieved on: 2024-02-08 20:09:28

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Rishi Sunak's UK crypto ambitions at risk after watchdog approves just four firms - DL News. View article details on HISWAI: https://www.dlnews.com/articles/regulation/rishi-sunak-uk-crypto-plans-at-risk-amid-low-fca-approvals/

Summary

The article examines the challenges and potential of the UK's crypto exchange landscape, highlighting high rejection and withdrawal rates by the FCA for firms like Binance, strict advertising rules, and the upcoming regulations which might attract firms and enhance the UK's financial technology scene.

Article found on: www.dlnews.com

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