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The FCA is EXEMPTING crypto firms from traditional finance rules. No "treat customers fairly" requirements. No cooling-off periods. Less stringent senior manager rules.
Why? They say crypto is FUNDAMENTALLY different from TradFi.
But they're going HARDER on: ⚡ Cybersecurity (after $1.5B Bybit hack) ⚡ Operational resilience ⚡ 24/7 uptime guarantees