UK FCA Starts Crypto Consultation, Latest on MetaMask & Plus Wallet
The post UK FCA Starts Crypto Consultation, Latest on MetaMask & Plus Wallet appeared on BitcoinEthereumNews.com.
MetaMask Introduces MetaMask Card; Plus Wallet Excels in Security While UK FCA Unveils Crypto Regulation This week, the UK Financial Conduct Authority (FCA) initiated a public consultation on crypto regulations, targeting issues like fraud, market abuse, and unlicensed crypto firms. This step is part of a broader push to enhance the legal framework surrounding cryptocurrencies. As the demand for secure crypto wallets grows, Plus Wallet has emerged as a leader by providing multi-chain support and robust security features. It is favored by both newcomers and seasoned users for its user-friendly interface that ensures asset protection and optimizes returns. In the latest Metamask updates, MetaMask has introduced its MetaMask Card in Brazil, Mexico, and Colombia, expanding its services to these key regions. This innovation allows users to effortlessly make purchases using crypto through a Mastercard integration. UK Crypto Regulations: FCA Focuses on Fair Trading The UK Financial Conduct Authority (FCA) is currently refining crypto regulations through a public consultation, aiming to foster innovation while ensuring market safety. The proposal tackles problems such as fraud, market abuse, and vague disclosures, seeking to enhance transparency and fairness in trading. Further measures are being planned to curb fraudulent tokens and oversee unregistered crypto firms. Running until March 2025, this consultation forms a part of an extensive plan to establish a robust legal framework for crypto. Draft regulations are expected by 2025, with full enactment anticipated by 2026. MetaMask Updates: Introducing a Convenient Way to Spend Crypto The latest MetaMask updates reveal that it introduced the MetaMask Card in Brazil, Mexico, and Colombia, simplifying crypto transactions for everyday use. The card functions similarly to a debit card, facilitating payments at any Mastercard-accepting venue. The integration with services like Apple Pay and Google Pay makes the card convenient by avoiding the need for complex crypto-to-fiat…
