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Regulatory Shifts and CBDC Developments Reshape Crypto Landscape
Regulatory Shifts and CBDC Developments Reshape Crypto Landscape
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BTCCSquare news:
The UK's Financial Conduct Authority is softening its stance on digital assets, mirroring recent US policy trends. New rules suspending traditional finance requirements for crypto firms will take effect in 2026 after public consultation. This regulatory clarity aims to reclaim London's position against Dubai, Singapore, and US competitors.
Meanwhile, the ECB accelerates its digital euro project with a potential 2029 launch. Board member Piero Cipollone cites technical progress, though privacy advocates warn of unprecedented transaction surveillance. The CBDC's traceability contrasts sharply with cash anonymity, raising concerns about state oversight of consumer behavior.
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