Regulators on both sides of the Atlantic covered up efforts by government and central banks to get lenders to cut financial crisis-era benchmark interest rates, leaving individual traders to take the fall.
<p><span>Commenting on the Financial Conduct Authorities deadline for approval of crypto company operations, which expires on Thursday 31</span><span> </span><span>March, Ian Taylor, Executive Director at CryptoUK, the UK s independent crypto industry association, said: “The FCA has stated that it is given the 12 crypto firms still awaiting approval a period of time to either withdraw or appeal the FCA decision that they had not met the required standards.</span></p>