FCA UK to examine further ICO regulation

BlockchainWorldEvents
FCA UK to examine further ICO regulation

The Financial Services Authority of UK will take a closer look at initial coin offering, CoinDesk reports.

The analysis will be conducted to assess the need for "further regulatory action".

"Its findings will help to determine whether or not there is need for further regulatory action in this area beyond the consumer warning," the organization said.

Earlier FCA warned of risks when investing in speculative assets of ICO.

Related news:
Solution for Your Electric Car: VoltGO Will Take Part in the Exhibition
Solution for Your Electric Car: VoltGO Will Take Part in the Exhibition
05.June.2018
Electric cars are known for a lot of advantages which attract great number of users. But the drawbacks are important...
Read more
Regulation Could Go Either Way: It’s an Open Playing Field - Naeem Aslam, ThinkMarkets
Regulation Could Go Either Way: It’s an Open Playing Field - Naeem Aslam, ThinkMarkets
05.June.2018
“For every genuinely promising project there are ten, if not more, scam or fraudulent ICOs,” believes Naeem Aslam, Chief Market...
Read more
How Can Traditional Businesses Become Crypto? Answer from CEO & Co-Founder at Keyrock Juan David Mendieta Villegas
How Can Traditional Businesses Become Crypto? Answer from CEO & Co-Founder at Keyrock Juan David Mendieta Villegas
04.June.2018
A lot of companies integrated distributed ledger into business operations. However, there are still many traditional corporations that do not...
Read more