FCA Opens Crypto Rulebook to Public Scrutiny—Will TradFi Players Finally Get a Seat at the Table?
The UK’s Financial Conduct Authority (FCA) is crowdsourcing opinions on crypto regulation—because nothing says ’decentralized’ like a government-approved suggestion box.
Key Takeaways:
- The FCA wants public input on how to regulate digital assets without strangling innovation (or their own bureaucratic relevance).
- This comes as institutional interest in crypto grows—hedge funds now want ’regulated volatility’ the way toddlers want candy-coated broccoli.
- The consultation could shape everything from stablecoin rules to exchange licensing, potentially giving legacy finance a backdoor to co-opt the revolution.
Bottom line: When regulators ask for feedback, it usually means they’ve already made up their minds—but at least they’re pretending to care this time.
