Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: The United Kingdom’s Financial Conduct Authority (FCA) approved regulatory technology company Eunice to trial standardized crypto disclosure templates with major exchanges and gather real-world data to help shape its new crypto rulebook. Robinhood has tipped prediction markets as its fastest-growing product line, and Polymarket received approval to operate an intermediated trading platform in the United States.
The UK FCA has approved regulatory technology (RegTech) company Eunice to run experiments in its sandbox, which offers one of the clearest indications yet of how the country intends to build its forthcoming crypto rulebook.
On Wednesday, the FCA announced that Eunice will test a set of standardized crypto disclosure templates with major exchanges, including Coinbase, Crypto.com and Kraken. The company will test whether the templates improve transparency when used in real-world settings.
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