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Could writing Bitcoin code or running a node require FCA authorisation?
Parts of the FCA's proposed guidance could be interpreted this way.
BPUK has responded, calling for clearer rules on:
- Developers and node operators - Miners and non-custodial wallets - Payments and Lightning - Why stablecoins get different treatment
Regulate financial services, not participation in Bitcoin's network.
Read the full article and our submission:
bitcoinpolicy.uk/blog-1/f/why-o…
@DecentraSuze
@drcristinallama
Parts of the FCA's proposed guidance could be interpreted this way.
BPUK has responded, calling for clearer rules on:
- Developers and node operators - Miners and non-custodial wallets - Payments and Lightning - Why stablecoins get different treatment
Regulate financial services, not participation in Bitcoin's network.
Read the full article and our submission:
bitcoinpolicy.uk/blog-1/f/why-o…
@DecentraSuze
@drcristinallama