CandleFocus What the UK’s FCA is focused on while drawing up its crypto regime
2024-11-27
Author: Content Editor
A recent study by the UK's Financial Conduct Authority (FCA) reveals that 93% of UK adults are familiar with crypto assets, with approximately 12% of respondents owning them. This highlights the need for clear regulations that can support a secure and sustainable crypto industry. The FCA intends to implement a regulatory framework by 2026 and is also working on a market-abuse information sharing platform. The UK government is expected to introduce legislation on stablecoins and staking services soon. The US is also anticipated to make regulatory advancements in the crypto space in the coming year.
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