Informed sources: The UK FCA is expected to release a draft of the cryptocurrency licensing system by the end of the year

ChainCatcher news, according to Fortune magazine, the early general election in the UK has prompted the cryptocurrency industry to seek connections with the Labour Party in hopes of gaining support for regulatory policies, although the Labour Party's future stance remains unclear. Sources say that the UK's Financial Conduct Authority (FCA) is expected to release its proposed draft of the cryptocurrency licensing regime by the end of this year.