🚨 NFT providers may be required to register with the Financial Conduct Authority (FCA), the UK Treasury said in a consultation paper on money laundering regulations. 🎨
- Financial services rules will have a separate authorization scheme and NFTs will probably not be covered by these rules.
- The deadline for responses is June 9.
- With the new regulation, crypto businesses will not be required to register with the FCA.
🤔 What do you think about NFTs and crypto regulations? Share your comments! 👇