Regulatory Compliance & Collaboration - The MiCA Crypto Alliance and the UKCBT have jointly responded to the FCA's Consultation Paper CP25/25 regarding the application of the FCA Handbook to regulated crypto-asset activities [1] - The response was endorsed with contributions from Cardano_CF and Cointegrity [1] Key Focus Areas for Firms - Firms preparing for FSMA authorization should focus on governance and conduct, operational resilience, and ESG Sourcebook [1] - Governance and conduct require independent oversight mechanisms and clearer standards for automated and algorithmic trading, aligning with MiFID II RTS 6 [1] - Operational resilience should recognize quantum transition risks and incorporate cryptographic-agility assessments and scenario exercises [2] - ESG requirements should be applied proportionately, using transparent sustainability methodologies already established under MiCA [2]