Report Warns MPs That Regulations Could Threaten UK’s Crypto Market

A report has warned U.K. MPs to thread carefully when creating regulations to govern the nation’s digital currency sector.
The document is in response to plans made by MPs to place the U.K.’s financial watchdog, the Financial Conduct Authority (FCA), at the centre of a crack down on money laundering and other crimes facilitated by crypto.
Report Argues That Crypto Companies Could Relocate to More Welcoming Jurisdictions
Lawmakers of the U.K. have been mulling how to regulate the &ldq