April 15 (Reuters) – Britain’s financial regulator said on Wednesday it was consulting on how firms might be affected by the regulation of the crypto industry which is due to come into effect by October 2027. Under the consultation, the Financial Conduct Authority (FCA) is seeking feedback on proposed regulations on a range of crypto […]
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UK financial watchdog to consult on proposed crypto regulations
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April 15 (Reuters) – Britain’s financial regulator said on Wednesday it was consulting on how firms might be affected by the regulation of the crypto industry which is due to come into effect by October 2027.
Under the consultation, the Financial Conduct Authority (FCA) is seeking feedback on proposed regulations on a range of crypto activities including operating crypto trading platforms as well as dealing, staking and safeguarding crypto assets, the regulator said.
(Reporting by Prerna Bedi in Bengaluru; Editing by Shailesh Kuber)