FCA Prioritizes Trust Over Speed for Crypto Registration

FCA Upholds Trust Over Speed in Crypto Firm Registrations

The U.K.'s Financial Conduct Authority (FCA), a key figure in the crypto regulatory landscape, has made it clear that trust and reputation take precedence over expedient registration of crypto companies. This stance is pivotal as the financial world watches how major regulators adapt to the burgeoning crypto market. Sarah Pritchard, the FCA's Executive Director for Markets and International, emphasized the importance of maintaining high standards in the registration process to foster a secure and trusted environment for crypto operations.