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FCA finalises UK crypto rules for firms & stablecoins

FCA finalises UK crypto rules for firms & stablecoins

Karen Joy Bacudo


KAREN JOY BACUDO

Finance Editor

The Financial Conduct Authority has published its final rules for the UK’s crypto sector, creating a dedicated regime for firms operating with cryptoassets in Britain.

The framework covers trading venues, intermediaries, custodians, stablecoin issuers and firms that arrange staking. Any company that wants to serve UK customers must now obtain FCA authorisation.

The regulator has also eased some of its original proposals on capital requirements for stablecoin issuers after a lengthy consultation with domestic and international firms.

Under the final rules, non-UK stablecoins can…

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