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FCA calls on crypto firms to shape the UK’s new rules

FCA calls on crypto firms to shape the UK’s new rules

The FCA is inviting crypto firms to help shape the UK’s final rules for cryptoasset activities before regulations are enforced next year, including guidance for issuing stablecoins, operating trading platforms, and cryptoasset lending and custody.

With crypto companies able to apply for authorisation from September, the regulator has opened a consultation with the industry, closing on 3rd June, to clarify exactly which activities fall within its scope and which firms will need authorisation once the rules are enforced in October 2027.

While parliament has already confirmed which crypto activities will fall within the scope of regulation, the FCA said that the consultation and feedback will help…

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