- The UK Financial Conduct Authority (FCA) plans to finalize crypto regulations by 2026, targeting market abuse, trading platforms, lending and stablecoins.
- Input from over 100 organizations, including crypto exchanges, banks and regulators, is shaping FCA’s framework to align with global standards.
- Crypto adoption in the UK is on the rise, with FCA reports showing a 12% ownership rate among adults and increasing public awareness.
The United Kingdom’s (UK) Financial Conduct Authority (FCA) plans to strengthen its cryptocurrency regulations by 2026, using insights from key bodies like the Treasury, the Bank of England and the United States (US) Securities and Exchange Commission (SEC).
Bloomberg’s report on Tuesday details the FCA’s strategy to enforce rules against market abuse and regulate trading platforms, lending services and stablecoins within the crypto ecosystem.
Crypto ownership in UK surges
The FCA plans to start consultations and discussions by late 2024 to ensure the UK remains competitive with global players like the US and Hong Kong in the…
