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The UK’s Financial Conduct Authority has entered the final stage of consultations on a broad set of proposed crypto regulations.
The regulator said it is seeking feedback on 10 proposals as part of the government’s crypto roadmap.
“These proposals continue our progress towards an open, sustainable and competitive crypto market that people can trust,”
The FCA said.
The proposals aim to apply standards similar to traditional finance across the crypto sector.
Areas covered include conduct rules, credit-based crypto purchases, regulatory reporting and asset safeguarding.
The FCA also outlined rules for retail collateral treatment when borrowing crypto assets.
The watchdog said regulation should not eliminate all risk but ensure investors understand it.
“We want a market where innovation can thrive, but where people understand the risks,”
The FCA said.
Feedback on the proposals is open until March 12.
The consultation follows guidance released in December outlining the regulatory framework.
The FCA said it has made significant progress on regulatory details under the roadmap.
The regulator added that applications for its new crypto licensing regime are expected to open in September 2026.