FCA Advances Crypto Disclosure Standards with Eunice Sandbox Trial
The UK Financial Conduct Authority has enlisted RegTech firm Eunice to test standardized crypto disclosure templates through its regulatory sandbox. The initiative targets persistent concerns about retail investor protections in digital asset markets.
Eunice's platform, used by major exchanges including Coinbase and Kraken, will trial new risk-disclosure frameworks developed by an industry working group. This follows the FCA's September announcement of tailored crypto rules emphasizing cyber-risk controls.
Separately, the Serious Fraud Office's $28M probe into Basis Markets signals heightened enforcement alongside these regulatory developments. The Sandbox experiment will inform final disclosure requirements slated for 2026 under the FCA's Crypto Roadmap.