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    UK finance watchdog nears final consultation step on key crypto rules

    The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector.

    The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector.

    The UK’s financial watchdog is entering the final stages of its consultation process for a host of key proposed crypto regulations as the agency continues to work on the government’s crypto roadmap. 

    The Financial Conduct Authority said on Friday that it is now seeking feedback on 10 crypto regulatory proposals, marking the “final step” of its consultations on potential rules for the sector.

    “These proposals continue our progress towards an open, sustainable and competitive crypto market that people can trust,” the FCA said. 

    “At the same time, risks remain, and we want a market where innovation can thrive, but where people understand the risks. But regulation can’t — and shouldn’t try — to get rid of all risk. We want those interested in investing in crypto to understand that risk.” 

    The FCA’s crypto proposals cover a range of aspects of the market, including business standards of conduct, credit-based crypto purchases, regulatory reporting, asset safeguarding, and retail collateral treatment for borrowing crypto, among other things. The deadline for feedback has been set for March 12.

    This package of proposals was initially outlined in December, with the FCA expressing an intent to regulate the crypto market similarly to traditional finance

    image
    Package of rules up for consultation. Source: FCA

    Related: UK mulls under‑16 social media ban amid rising online ID push

    The FCA stated it has made “significant progress” in ironing out the regulatory details as part of the government’s roadmap. Earlier this month, the FCA announced a timeline for crypto asset service providers to register as part of its new licensing regime.

    “We expect the application period will open in September 2026,” the FCA noted, adding that the timeline will be confirmed in due course.

    The licensing regime puts tighter oversight and constraints on crypto firms, and requires them to have FCA authorization to operate in the UK. 

    Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

     

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