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The UK regulator has launched a consultation on new cryptocurrency rules

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2025-12-16 05:51:15
According to Reuters, the UK's Financial Conduct Authority (FCA) launched a broad consultation on Tuesday on a series of proposed rules for the cryptocurrency industry.
A day earlier, the UK government said it would regulate the industry from October 2027. The FCA's proposal was accompanied by a study showing that the proportion of British adults owning cryptocurrencies has fallen by a third in the past year, from 12% to 8%.
The FCA said on Tuesday that its rules would cover the listing of crypto assets, measures to stop insider trading and manipulation, standards for crypto trading platforms and rules for brokers. The agency is also consulting on prudential requirements, regulations to clarify the risks of cryptocurrency pledges, better protections for crypto lenders and borrowers, and potential financial safeguards for crypto companies to manage risk.
The FCA, which is seeking comments on its proposals until February 12, 2026, has pledged to finalise the regulatory regime by the end of next year.
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