UK FCA Nears Final Phase of Crypto Regulation Framework
The Financial Conduct Authority (FCA) enters the final consultation stage for its sweeping cryptoasset rules, with industry feedback due by March 2026. The decade-long roadmap, initiated in December, aims to align digital asset standards with traditional finance—covering market activities, staff training, senior management roles, and firm location policies.
By extending existing conduct and governance frameworks to crypto, the FCA seeks parity between securities and payments firms. This prevents regulatory arbitrage while preserving innovation. Notably, the Financial Services Compensation Scheme will not cover crypto investment losses, leaving risk squarely with investors.