UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The U.K.'s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday.However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks.The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citi…

Crypto Companies In The UK May Escape Customer Protection Regulations, FCA Suggests

As the push for pro-crypto innovation intensifies, particularly in light of the United States’ regulatory advancements under President Donald Trump, the UK’s Financial Conduct Authority (FCA) is considering new proposals that may exempt crypto firms from certain integrity rules designed to protect consumers.  Key Principles For UK Crypto Trading Platforms The FCA has recently published a consultation outlining minimum standards that could potent…

UK move to waive strict TradFi regulations for crypto companies

The UK Financial Conduct Authority (FCA) has moved to waive strict TradeFi regulations for crypto companies. The FCA confirmed the development in a press release published on Wednesday.  The UK outlined minimum expectations for crypto companies seeking to operate in the UK once the sector is officially regulated. The regulator added that these guidelines aim to balance innovation and competitiveness while safeguarding consumers and maintaining m…

UK’s FCA Seeks Comments on How Consumer Protection Rules Should Apply to Crypto

The United Kingdom’s Financial Conduct Authority proposed rules to promote good business practices among cryptocurrency firms.

UK FCA Proposes Revisions In Minimum Standards For Crypto Firms

The UK’s FCA seeks public feedback on how the Consumer Duty standards should scale with crypto firms to balance innovation, competitiveness, and consumer protection. The UK’s Financial Conduct Authority (FCA) released a notice on Wednesday, seeking public feedback on its proposed minimum standards for cryptocurrency firms. The move aims to align the required “good business practices” of these businesses with the ones already expected from tradit…

FCA crypto proposal seeks full UK oversight for firms by 2026

FCA crypto proposals aim to bring digital asset firms under full UK oversight by 2026, spelling out provisions for governance, resilience, and crime prevention. The regulator says the framework mirrors traditional finance rules but will be adapted to reflect crypto’s…