FCA seeks views on regulation of crypto activities
Watchdog asks for stakeholders’ thoughts on proposals to regulate key areas of the UK crypto market, following publication of the government’s draft text for statutory legislation.
UK regulation of specific activities in the crypto market has come a step closer, with the launch of a new consultation by the Financial Conduct Authority (FCA).
Published on 2 May, the discussion paper invites stakeholders to provide input on a range of proposals around six key areas of the crypto industry: cryptoasset trading platforms (CATPs), intermediaries, lending and borrowing, staking, decentralised finance (DeFi) and the use of credit to buy crypto products.
The paper marks the latest stage of the…
