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FCAAn algorithmic stablecoin does not require FCA approval so I'm assuming a financially backed coin is what we are looking at which will require FCA input.
EFTs and digital money are all under the spot light, SEC are a nightmare and this is impacting on the UK and tge FCA are watching closely in my opinion.
Court outcome is due anytime, Ripple does not need to win the case but further clarity will help the Crypto industry as a whole. Also the repeg of Lunc to a stable coin will also help to move things along. There are so many variables within the USA and the UK that are holding things back, the derampers really need to do their homework.
Just a roller coaster at the moment, perhaps MMs playing with people's minds, this has been all over the place then ended as it started the day, all good fun :)
He's in my green bin, has been for months, I'm not interested in his views, just ignore him or filter, he probably won't go away but will talking to himself!!
KatS you would have thought so but equally they stated we would a decision at the end May so they should provide an update of why we still have no news !!! I'm still confident but they should keep PIs right up to date.
They are in the process of the Acquisition and the Sandbox Application has been approved but being careful of the information they are prepared to release???