Latest Crypto News UK
The FCA is moving to crack down on bad actors and support a safe and sustainable crypto industry. The regulator has outlined its crypto roadmap and recently published proposals on stablecoins as part of its regime. Read more :https://www.theinvestorscentre.co.uk/crypto/
A new FCA draft law will bring crypto exchanges, custodians and broker-dealers within its regulatory perimeter. The move will better protect millions of consumers from firms that exploit them and combat fraud. It also demonstrates the government’s commitment to making Britain a global hub for digital asset technologies, aligned with its Plan for Growth.
Latest Crypto News UK: What Investors Should Watch
In addition, the FCA is launching a consultation to allow individual retail investors access to crypto ETPs listed on an FCA-approved exchange. The consultation builds on recent research by the FCA, which found that 12% of UK adults own cryptoassets, up from 4% in 2024. This suggests that the market is maturing and increasing in popularity, and the proposed rules will help to prevent retail investors from using credit cards to buy high-risk investments.
The UK’s Treasury has also announced it will implement a regime for stablecoins, bringing them into the payment industry’s regulatory perimeter. This may signal that stablecoins are a more attractive proposition than Bitcoin and other unbacked tokens, given their near-instant settlement capability, record keeping via blockchain and alignment of value with fiat currencies.