It's unclear what greater regulation will do to the price of cryptocurrencies.
The FCA does not have any regulatory scope over cryptocurrencies, however its report could have an impact on future regulation.
In the meantime, the United Kingdom is planning out and designing crypto-regulations that will be revealed in 2019 with the main target of implementation to attract business that are based in the Continental-part of Euro.
Japan, South Korea, China and USA have been great contenders in crypto market. UK is recognising the potential and are making sure new business are welcomed and reap the benefits of cryptocurrency.
Cryptocurrency is here to stay!
