Odaily Planet Daily reports: The UK Financial Conduct Authority (FCA) has launched two parallel consultations seeking industry input on DeFi guidelines and the scope of the upcoming regulatory framework for cryptoassets. Both consultations will close on November 18, 2026, and the FCA plans to issue final guidance in January 2027 after reviewing feedback from all parties.
The first consultation targets FCA-regulated businesses that use DeFi protocols or facilitate access to them, aiming to clarify how existing regulatory requirements apply to enterprises providing services through highly automated, distributed ledger-based systems, without introducing new rulebooks. The second consultation examines the scope of cryptoasset regulation—the “regulatory boundary”—in light of recent legislative changes.