6 days ago
The Financial Conduct Authority is seeking views connected intermediaries, staking, lending and borrowing, and decentralised finance.
Updated May 2, 2025, 9:27 a.m. Published May 2, 2025, 9:23 a.m.
The U.K.'s Financial Conduct Authority (FCA) is seeking views connected intermediaries, staking, lending, borrowing, and decentralised concern (DeFi), successful a discussion insubstantial released connected Friday.
The treatment insubstantial follows draught authorities by the Treasury that was announced connected Tuesday. Once the authorities passes it volition bring circumstantial crypto activities wrong the FCA’s regulation, the regulator said connected its website.
"Crypto is simply a increasing industry. Currently mostly unregulated, we privation to make a crypto authorities that gives firms the clarity they request to safely innovate, portion delivering due levels of marketplace integrity and user protection," said David Geale, enforcement manager of payments and integer concern astatine the FCA.
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