The UK’s Financial Conduct Authority (FCA) is seeking views around crypto assets as part of steps towards more legislation.
The FCA specifically wants views on intermediaries, staking, lending, borrowing and DeFi, or decentralized finance, according to a discussion paper released today.
The plan, according to the FCA, is to setup clear crypto legislation as a way to boost confidence and support growth in the sector.
This is a first step towards legislation following a draft paper set out by the Treasury on Tuesday. Once passed, this legislation should bring specific crypto activities into the FCA regulation remit.
“Crypto is a growing industry. Currently largely unregulated, we want to create a crypto regime that gives firms the clarity…
May 03 2025
