🔝 IOTA Proposes Alternative to UK Crypto Regulation @iota $IOTA, in partnership with @Cardano $ADA and @INATBA_org, has submitted a response to the UK Financial Conduct Authority's (FCA) proposals for crypto asset regulation. The three parties urged the FCA to reconsider its "one-size-fits-all" approach, warning that treating centralized and decentralized systems identically could stifle innovation and inappropriately regulate key elements of crypto infrastructure. Their proposal calls for a more nuanced framework: distinguishing between custodial and non-custodial services, regulating commensurately based on risk and scale, and recognizing #DeFi's transparency as one of its regulatory strengths. IOTA is a scalable, secure, and feeless distributed ledger technology (DLT) infrastructure that enables businesses, governments, and developers to build real-world blockchain applications. With its multi-virtual machine architecture, parallel transaction processing, and asset-centric solutions, #IOTA is shaping the future of the decentralized economy. You can learn more here: 👉 https://t.co/tIvy3lZuxG