Blockchains make it far more challenging for beneficiaries to retrieve cryptos after the owner’s death than it is to access traditional assets. Here’s how the industry will respond.
Crypto exchange Bullish will go public via the SPAC merger by year’s end even though it’s yet to launch, leaving it little to go on to entice investors beyond its high-profile backers.
The UK regulator banned the crypto exchange from carrying out regulated activities, a warning to other crypto firms to tighten up compliance or risk missing out on surging consumer interest.
Compliance will be key to promoting user trust, and fintechs should expect more regulatory scrutiny in the near future as the FCA aims to make the crypto sector safer for consumers.
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