The FCA, a British financial authority, released statements and a roadmap for finalizing comprehensive crypto regulations by 2026. The FCA’s operations in this sector will significantly increase in the first half of 2025.
The FCA acknowledged the rising popularity of the crypto industry in Britain, but its track record of previous regulations has earned widespread scorn.
FCA Crypto Regulation Plans
The British Financial Conduct Authority (FCA) announced on Tuesday that it’s preparing to finalize crypto regulation in the UK by Q1 2026. Focus areas include market abuse, trading platforms, lending, and stablecoins.
The regulator also published a research showing that crypto awareness in the country has increased to 93%, while ownership has risen to 12%. This indicates that more UK adults are now interested in cryptocurrencies as an asset class or investment product.
However, the FCA’s existing regulatory policies have already ruffled feathers in the industry. Last August, a survey of British crypto firms revealed increasing skepticism to the FCA’s approach. Before his appointment to the position, FCA Chair Ashley Alder attacked the crypto sector, and he’s still employed in the role.
Nonetheless, the regulator has acknowledged the industry’s rising popularity. It claimed that 12% of British adults now own digital assets, and this nu
Go to Source to See Full Article
Author: Landon Manning
Tip BTC Newswire with Cryptocurrency
Donate Bitcoin to BTC Newswire
Donate Bitcoin Cash to BTC Newswire
Donate Ethereum to BTC Newswire
Donate Litecoin to BTC Newswire
Donate Monero to BTC Newswire
Donate ZCash to BTC Newswire
