UK Regulator Adapts Financial Rules for Crypto Firms, Prioritizes Cybersecurity

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-09-17 11:30:03

BTCCSquare news:

The Financial Conduct Authority (FCA) is reshaping its oversight of cryptocurrency businesses, opting for tailored regulations rather than applying traditional financial rules wholesale. David Geale, the FCA’s executive director for payments and digital finance, emphasized the need for a flexible framework that acknowledges the distinct nature of blockchain and crypto markets.

While banks face stringent requirements on integrity and customer treatment, crypto firms may see relaxed rules in areas like senior management accountability and operational controls. The regulator aims to strike a balance between fostering innovation and safeguarding investors, with heightened scrutiny on cybersecurity risks.

By:

Log in to Reply

Investor Bullish on Nvidia Despite Growth and China Concerns

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.