UK regulators plan to implement cryptocurrency regulations before 2026
ChainCatcher news, according to CoinDesk, the UK's financial regulator FCA plans to implement a cryptocurrency regime by 2026 to address the growing ownership of cryptocurrencies in the country.The roadmap released by the FCA indicates that the agency plans to publish a discussion paper on market abuse and disclosure by the end of this year, and intends to release documents regarding stablecoins, trading platforms, staking, prudent cryptocurrency risk exposure, and lending by early next year. The regime is set to take effect after the final policy statement is published in 2026.A study commissioned by the FCA shows that the country's crypto asset holdings have increased by 4% over the past two years, with approximately 7 million adults owning crypto assets among the country's roughly 68 million population.