UK’s Financial Conduct Authority (FCA) investigates 24 firms for manipulation of crypto prices - Crypto News

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Monday, 28 May 2018

UK’s Financial Conduct Authority (FCA) investigates 24 firms for manipulation of crypto prices

Manipulating Crypto Prices

Manipulating Crypto Prices? The interest of financial regulators in crypto-related businesses seems to be growing at the same pace as their adoption by an ever-increasing number of users.

According to official reports, The FCA —a British organ with jurisdiction over financial operations— has started an investigation against 24 firms whose businesses involved the use of cryptocurrencies, to determine whether or not their activities are under its jurisdiction and regulatory competence.

Manipulating Crypto Prices?

If companies were found to be operating in circumvention of their obligations, the FCA might proceed in different ways depending on ...

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