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In the United Kingdom, as of 10 January , all cryptocurrency firms, such as exchanges, advisors and professionals that have either a presence, market product or provide services within the UK market must register with the Financial Conduct Authority. Of more importance, though, is the true power Stacks brings to the table -- smart contracts. In January, Moxie Marlinspike, co-founder of the messaging app Signal, wrote a widely read critique noting that despite its collectivist mantras, so-called web3 was already coalescing around centralized platforms. Archived PDF from the original on 10 December Bitcoin: And the Future of Money.
