stable coins
By Pankaj K
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Government Amendments Reshape the Perimeter. The UK Government has also moved to amend the underlying legislation, adding targeted exclusions…
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What Support the FCA Is Actually Offering. The regulator isn't just issuing documents and walking away.
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The UK's Financial Conduct Authority dropped new guidance this week for crypto firms trying to figure out what the country's incoming regulatory framework actually means for…
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That's not a lot of runway. And the list of activities that may need FCA authorization is longer than some firms probably expected.
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The FCA finalized its rules back in June 2026. So the guidance released now is basically a translation layer — helping firms map their existing operations against what the rules…
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The FCA plans to consult on updating its guidance in October to reflect these legal changes.
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Worth noting: the legislative foundation here goes back to February 2026, when the UK Government first moved to bring cryptoassets formally within the regulatory fold.
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The regulator isn't just issuing documents and walking away. Pre-application support meetings are available. Webinars are running.
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More context: UK FCA Considers Tailored Rules to Boost Tokenized Gold Market Growth
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That's a fairly active support posture for a regulator. It's also probably necessary. The UK crypto market has grown fast, and the firms operating in it range from well-resourced…
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Pre-application discussions in particular can be valuable. They give firms a chance to surface edge cases — activities that might not fit neatly into the listed categories —…
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The staking piece is worth flagging separately. Arranging cryptoasset staking is on the list of activities that may require authorization.
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Qualifying stablecoins are getting their own dedicated attention in the October consultation.
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Proprietary trading is also on the October agenda. That's relevant for a range of market participants — trading desks, market makers, and others who trade on their own account…
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More context: UK FCA Considers New Rules for Tokenized Gold, Sparking Industry Uncertainty
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