The UK financial regulator, the FCA, plans to implement a cryptocurrency regime by 2026 in response to the growing ownership of cryptocurrencies in the country. The roadmap released by the FCA shows that the agency plans to publish a discussion paper on market abuse and disclosure by the end of this year and intends to publish a paper on stablecoins, trading platforms, staking, prudent cryptocurrency risk exposure and lending by early next year.
The regime is scheduled to take effect after the final policy statement is released in 2026. A study commissioned by the FCA shows that crypto asset holdings in the country have grown by 4% in the past two years, with about 7 million adults in the country's roughly 68 million population owning crypto assets.
The UK financial regulator FCA plans to implement a cryptocurrency regime by 2026
2024-11-26 05:34:16
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