UK Financial Watchdog Enters Final Consultation Phase on Crypto Regulations
The UK's Financial Conduct Authority (FCA) has advanced to the final stage of consultations on a comprehensive set of proposed crypto regulations. This MOVE aligns with the government's broader strategy to integrate digital assets into the country's regulatory framework.
Ten key rules are under review, targeting market transparency and consumer trust. The FCA emphasizes that crypto investments will remain inherently risky, but the new framework aims to enhance clarity without eliminating volatility. A licensing regime for crypto firms is slated to launch in September 2026.
The proposals seek to harmonize crypto operations with traditional financial standards, fostering what the FCA calls an 'open, sustainable, and competitive' market. Feedback from this final consultation phase will shape the UK's approach to crypto oversight.