UK FCA Seeks Feedback on Crypto Standards Ahead of 2026 Legislation Rollout

The UK's Financial Conduct Authority (FCA) has opened a consultation on proposals setting minimum standards for cryptocurrency firms, as Britain seeks to bolster oversight of a sector it has struggled to tame. The regulator said the measures are intended to promote sound business practices, mirroring many requirements already applied to traditional financial firms. These include operational resilience, systems and controls to combat financial crime, and rules on handling customer complaints. "We want to ...