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Matthias Knab, Opalesque for New Managers:

The UK Financial Conduct Authority (FCA) has launched a new consultation on its proposed regulatory framework for cryptoassets, marking the next step in shaping a comprehensive UK crypto regime. The FCA said the proposals are designed to support an open, sustainable and competitive crypto market, while ensuring consumers understand the risks involved. Balancing innovation and risk The regulator stressed that crypto regulation is not intended to eliminate risk entirely, but to ensure that investors engage with the market fully informed. The FCA aims to apply the same core regulatory principles used in traditional finance, including clear consumer disclosures, proportionate requirements for firms, and sufficient flexibility to allow innovation to develop. Key areas under consultation The proposals cover a wide range of crypto market activities. These include rules on admissions and disclosures for listed cryptoassets, measures to prevent market abuse such as insider trading and manipulation, and standards for cryptoasset trading platforms to ensure fair and orderly markets. The FCA is also consulting on requirements for intermediaries such as brokers, as well as safeguards around staking, lending and borrowing activities. Decentralised finance (DeFi) is another focus area. The FCA is asking whether the s......................

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