FCA Seeks Public Input on Crypto Regulation Framework
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The UK’s Financial Conduct Authority has opened a consultation on cryptocurrency legislation, marking a pivotal step toward formalizing oversight of digital assets. Regulatory clarity around intermediaries, staking services, and decentralized finance (DeFi) protocols could accelerate institutional adoption.
This initiative follows the Treasury’s draft proposal to bring crypto activities under the FCA’s jurisdiction. A well-designed regulatory framework may enhance market confidence while preserving the innovative potential of blockchain technologies.
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