MetaMask Introduces MetaMask Card; Plus Wallet excels at security as UK FCA unveils crypto regulation
This week, the UK’s Financial Conduct Authority (FCA) launched a public consultation on crypto regulations, addressing issues such as fraud, market abuse and unlicensed crypto firms. This move is part of a broader initiative to improve the legal framework around cryptocurrencies.
As the demand for secure crypto wallets grows, Plus Wallet has emerged as a market leader by providing multi-chain support and robust security features. It is appreciated by both newbies and experienced users for its user-friendly interface that ensures asset protection and optimizes returns.
In the latest Metamask updates, MetaMask has launched its MetaMask Card in Brazil, Mexico and Colombia, expanding its services to these key regions. This innovation allows users to effortlessly make purchases with crypto through a Mastercard integration.
UK crypto regulations: FCA focuses on fair trading
The UK’s Financial Conduct Authority (FCA) is currently refining crypto regulations through a public consultation aimed at encouraging innovation while ensuring market safety. The proposal addresses issues such as fraud, market abuse and vague disclosures and aims to improve transparency and fairness in trading.
Further measures are planned to curb fraudulent tokens and monitor unregistered crypto companies. This consultation runs until March 2025 and is part of a comprehensive plan to create a robust regulatory framework for crypto. Draft regulations are expected by 2025 and full implementation by 2026.
