United Kingdom’s Financial Watchdog Solicits Public Input on Crypto Sector Regulation
The United Kingdom’s financial watchdog is asking for the public’s opinion on crypto regulations.
The Financial Conduct Authority (FCA) says it aims to develop a “safe, competitive, and sustainable” digital asset sector.
“Long-term confidence in crypto assets depends on clear regulation to promote market integrity and appropriate consumer protection.
We are seeking input into how the unique aspects of crypto assets should be considered in our future regulatory regime. We want an open discussion on the features of the future regime, with this latest Discussion Paper (DP) seeking views on how we regulate trading platforms, intermediaries, staking, lending and borrowing, and decentralized finance. We are also seeking…