UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The UK Financial Conduct Authority (FCA) is considering waiving certain regulations for cryptocurrency companies, according to a report by the Financial Times. This move could provide much-needed flexibility for the crypto sector, encouraging innovation and investment in the UK. By easing some rules, the FCA aims to create a more favorable environment for these companies, which could help the UK maintain its competitive edge in the global crypto market.