The Currency analytics
By Sydney TheCMO
Britain's financial watchdog wants feedback. The Financial Conduct Authority dropped new crypto rules proposals and gave firms until April to respond before the market gateway…
The FCA laid out how Consumer Duty standards will hit crypto companies alongside conduct rules, complaint systems, and safeguarding requirements.
Crypto stays mostly unregulated right now.
The consultation covers several big areas that'll reshape how firms operate. Consumer Duty rules mean crypto companies must deliver good outcomes for regular customers - no more…
Credit risk rules will control how much borrowed money people can throw at Bitcoin and other digital assets.
The Senior Managers regime will rope crypto firms into existing frameworks that work for traditional banks.
Retail collateral rules in crypto borrowing will protect regular people from getting wiped out when markets crash.
The consultation period closes April 30, 2026. During these months, the FCA wants detailed feedback from industry players, consumer groups, and anyone else with skin in the game.
International crypto firms better pay attention too. The FCA wants feedback on how rules will apply to companies operating across borders.
Recent crypto failures made clear rules more urgent. High-profile collapses in the past year sparked calls for tighter oversight after investors lost billions when platforms went…
Charles Randell, FCA Chair, talked international cooperation on February 1: "International collaboration is essential to manage the cross-border nature of cryptoassets and…
Consumer groups jumped on board fast. The Consumer Financial Protection Bureau backed the FCA's efforts on February 2, calling for strong consumer protection measures given…
CryptoUK trade association announced active participation on February 3. Ian Taylor, their Executive Director, said the group aims to represent industry perspectives while…
The FCA released a detailed report February 1 about safeguarding consumer interests. Officials emphasized crypto's growing influence in finance and risks if left unchecked.
September 2026 deadline approaches fast. Crypto firms need to prep for regulatory changes because compliance won't be optional once rules kick in.