FCA UK to examine further ICO regulation

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The Financial Services Authority of UK will take a closer look at initial coin offering, CoinDesk reports.

The analysis will be conducted to assess the need for "further regulatory action".

"Its findings will help to determine whether or not there is need for further regulatory action in this area beyond the consumer warning," the organization said.

Earlier FCA warned of risks when investing in speculative assets of ICO.

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FCA UK to examine further ICO regulation | Ecency