UK's Crypto Regulatory Framework Takes Shape with FCA Consultation

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The UK’s crypto legislation is advancing as the FCA launches a consultation to shape the regulatory policy for crypto firms. The framework, set for 2027, aligns with HM Treasury rules to support innovation while protecting consumers. The FCA is adapting financial services rules for crypto, introducing new admissions and market abuse rules. The UK is using a second-mover advantage, learning from global models but taking a different approach on staking and DeFi. The FCA said centralized DeFi activity will face traditional financial rules.
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