Home BTC/ETH U.K. Financial Regulator FCA Aims to Have Crypto Rules by 2026

U.K. Financial Regulator FCA Aims to Have Crypto Rules by 2026

by crpt os


The U.K.’s financial regulator, the Financial Conduct Authority, said it wants to implement a crypto regime by 2026 in anticipation of growing crypto ownership in the country.

A road map released by the FCA, which oversees the industry, said the agency plans to publish discussion papers on market abuse and disclosures by the end of this year. It intends to have papers on stablecoins, trading platforms, staking, prudential crypto exposure and lending by early next year. The regime is scheduled to go live after the final policy statements are published in 2026.

An FCA-commissioned study shows ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country’s roughly 68 million population.

The road map follows a speech by Economic Secretary Tulip Sidiq last week that promised draft regulation for cryptocurrencies, stablecoins and staking by early next year. That was the first sign from the Labour government elected in July of how it plans to approach the crypto industry. The roadmap is the regulator’s attempt to be “transparent” and canvass industry support.

“We’re committed to working closely with the Government, international partners, industry and consumers to help us get the future rules right,” said Matthew Long, director of payments and digital assets at the FCA.

The U.K.’s crypto regime will follow after the European Unions Markets in Crypto Assets, or MiCA, regulations, a comprehensive set of rules for crypto, which is set to go live by the end of this year.





Source link

Related Articles

xxxanti beeztube.mobi hot sexy mp4 menyoujan hentaitgp.net jason voorhees hentai indian soft core chupatube.net youjzz ez2 may 8 2023 pinoycinema.org ahensya ng pamahalaan pakistani chut ki chudai pimpmovs.com www xvedio dost ke papa zztube.mobi 300mbfilms.in صور مص الزب arabporna.net نهر العطش لمن تشعر بالحرمان movierulz plz.in bustyporntube.info how to make rangoli video 穂高ゆうき simozo.net 四十路五十路 ロシアav javvideos.net 君島みお 無修正 افلام سكس في المطبخ annarivas.net فيلم سكس قديم rashmi hot videos porncorn.info audiosexstories b grade latest nesaporn.pro high school girls sex videos real life cam eroebony.info painfull porn exbii adult pics teacherporntrends.com nepali school sex