UK gets tough on crypto: Safer for consumers but let the buyer beware

The government has announced it's pressing ahead with plans to regulate crypto in line with existing financial services, bringing it more in line with more conventional financial products. The Financial Conduct Authority (FCA) will oversee the crypto market in many of its dealings with UK consumers in much the same way that it supervises traditional financial services, though not everyone agrees this is the right approach. Few would argue the need for tighter regulation of crypto is clear from its widespread popularity, and unfortunate incidents like the FTX scandal. Some would have l...