Financial Conduct Authority (FCA) signals possible tighter scrutiny of crypto‑asset exchanges
Summary: The UK regulator has flagged growing concern over how crypto‑asset exchanges (CEXs) supervise trading of tokens, custody of assets, and customer protection. It is considering proposals for more frequent audits, stricter internal controls, and heightened transparency around risk‑profiles of listed tokens.Why it matters: It indicates the regulatory pressure on crypto platforms is ramping up. … Read more