UK FCA Launches Major Crypto Consultation: New Rules for Listings, DeFi, and Staking

UK financial regulators have initiated a significant consultation process to shape the future of cryptocurrency regulation within the country. The Financial Conduct Authority (FCA) and the Bank of England are seeking input from the industry on key areas, including the listing of cryptoassets, decentralized finance (DeFi) activities, and staking services. This move is part of the UK's broader strategy to establish a comprehensive regulatory framework for the crypto sector, aiming to balance innovation with consumer protection and financial stability. The consultation will gather views on how to effectively regulate these evolving technologies, potentially influencing global standards. The outcome is expected to provide clearer guidelines for crypto businesses operating in the UK market, including those dealing with major assets like Bitcoin (BTC) and Ethereum (ETH).