In this first July edition of crypto regulatory affairs, we will cover:
UK sets out final cryptoasset rules
On June 30, the United Kingdom’s Financial Conduct Authority (FCA) published its final rules for cryptoasset firms that will take effect under its upgraded supervisory regime from October 2027.
Following more than three years of work and consultation with the private sector, the FCA’s new rules for the cryptoasset sector will enable it to regulate market participants such as exchanges, custodians, intermediaries, staking providers and stablecoin issuers under the Financial Services and Markets Act (FSMA).
Collectively, the rules aim to ensure the integrity and stability of UK cryptoasset market activity, and to protect…
