FCA consults on cryptoasset regulation proposals
The Financial Conduct Authority (FCA) has published a discussion paper (DP25/1), inviting stakeholder feedback on its proposed regulatory framework for cryptoassets. The paper sets out proposals for the regulation of cryptoasset trading platforms, intermediaries, staking arrangements, lending and borrowing practices, and decentralised finance, as well as the use of credit in the purchase of cryptoassets. The FCA aims to establish a safe, competitive, and sustainable cryptoasset sector by providing firms with the necessary regulatory clarity, thereby promoting market integrity and ensuring appropriate consumer protection. Responses are sought by 13 June 2025 with the FCA intending to consult on the final regime later in the year after it has considered the feedback from this discussion paper.