"Regulation was a given, which may come as a disappointment to crypto die-hards, but the writing has been on the wall for years.
"Those that work within these boundaries will become the Amazons, Googles, and Facebooks of tomorrow, while the edgier projects may find it increasingly difficult to operate."
The FCA isn't the only body in the UK cracking down on cryptocurrencies.
Following the organisation today, NatWest announced a decision to cap cryptocurrency payments.
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