The Financial Conduct Authority has requested yet another round of feedback from the financial services industry on the its understanding of cryptoassets.
Today (15 April), the regulator has asked for input on its interpretation of a plethora of regulated cryptoasset activities such as: staking; issuing qualifying stablecoin; operating trading platforms; dealing and arranging deals in qualifying cryptoassets; and safeguarding cryptoassets. This comes ahead of the introduction of UK-wide regulation of cryptoassets from October 2027, with rules about the wider cryptoasset regime set to be published this summer. Crypto firms will be permitted to apply for authorisation from September 2026; the watchdog will provide firms with guidance on...
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