The UK's Financial Conduct Authority plans to implement a cryptocurrency regulatory framework in 2026

2024-11-26 10:08:10

Collection

ChainCatcher news, according to CoinDesk, the UK's Financial Conduct Authority (FCA) has released a cryptocurrency regulatory roadmap, planning to officially implement a comprehensive regulatory framework by 2026.

The roadmap indicates that the FCA will publish discussion papers related to market abuse and disclosure by the end of this year, and plans to release policy documents on stablecoins, trading platforms, staking, exposure to crypto assets, and lending in early 2024.

Data shows that the number of cryptocurrency holders in the UK has grown by 4% over the past two years, with approximately 7 million adults currently holding crypto assets. Previously, UK Economic Secretary Tulip Siddiq stated that regulatory drafts related to cryptocurrencies, stablecoins, and staking would be introduced early next year.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.