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UK Regulators Circle Crypto: FCA Probes Stablecoins & Custody to Avert Another Financial Meltdown
UK Regulators Circle Crypto: FCA Probes Stablecoins & Custody to Avert Another Financial Meltdown
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London’s financial watchdogs are sharpening their claws—this time targeting crypto’s wild west. The FCA wants industry input on stablecoin safeguards and custody rules before the next firm goes belly-up.
No more ’trust us, bro’—regulators demand bulletproof reserves and institutional-grade storage. Because nothing says ’financial innovation’ like scrambling to prevent the same collapses that plagued traditional finance for centuries.
Will crypto players embrace oversight, or will this trigger another wave of regulatory arbitrage? Either way, the freewheeling days appear numbered. Place your bets—just maybe not with that shady offshore exchange.
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