FCA releases discussion paper on crypto market transparency, abuse

In the latest step in the long process of regulating crypto in the UK, the FCA is asking for feedback on two areas under its responsibility.

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The United Kingdom may see crypto asset regulation in 2026, the Financial Conduct Authority (FCA) said. In its latest step in that direction, the FCA has released a discussion paper on admissions and disclosures and market abuse regulation.

Under government plans, the FCA’s authority will be extended beyond its current Anti-Money Laundering and promotions supervision to include crypto asset trading, stablecoin regulation, intermediation, custody, and other activities.

Tokenized financial instruments, security tokens and investment vehicles are already covered by the Financial Services and Markets Act 2000 (Regulated Activities) Order (RAO) 2001.

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