Lawyers Warn of Massive Regulatory Hurdles for UK Crypto A new FCA consultation suggests that by 2027, any crypto firm with a UK presence might need formal approval to function. Experts call this a "mother, may I" approach that could catch businesses off guard. It is a massive shift toward heavy regulation. This move stands in total contrast to the more relaxed, pro-innovation stance currently seen in the US. The industry has until June to weigh in before these rules become a permanent hurdle for the British market. #Crypto #CryptoCurrency #UnitedKingdom #BabaCrypto #CryptoMarket #Bitcoin #Ethereum #Europe #London

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