CFTC and FCA announced joint work on the finteh industry.
The Commodity Futures Trading Commission (CFTC) in the United States and the British Financial Action Authority (FCA) will exchange information on market trends and developments in the industry of crypto-currency and lock-up. The purpose of the joint work is to determine the ways of regulating the market of crypto-currency and lock-up, and in general, the fintech industry,Mybroadband.
FCA declares cautious attitude to crypto-currencies and prudent participation in investing in crypto-currencies. Regulation of the crypto currency in the UK is linked to the need to combat money laundering and tax evasion. But while in the UK the issue of regulation has not been finally resolved.
In the US, discussions continue on the methods of regulating crypto-currencies.CFTC recently held a meeting on the regulation of crypto-currencies, at which structures were created that would specialize in the development of regulatory principles.
In addition to money laundering and tax evasion, the United States assesses how dangerous the country's economy is to the participation of the crypto-currency in the shadow Internet economy.
Author: Evgenij Novožilov, Analyst Freedman Club Crypto News
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