FCA

Core Summary The UK Financial Conduct Authority (FCA) has officially released a comprehensive regulatory framework for crypto assets, covering capital requirements, stablecoin oversight, and market abuse prevention. The new rules will take effect in October 2027, marking a crucial step in UK crypto regulation aimed at providing a clear legal framework while protecting investor interests. Event Details According to The Block, this regulatory framework is the UK’s most comprehensive crypto regulation to date. The new rules contain three core components: first, setting minimum capital requirements for crypto asset service providers to ensure financial stability; second, implementing strict oversight of stablecoin issuance and operations, requiring issuers to hold sufficient reserve assets; third, extending traditional financial market anti-manipulation and anti-insider trading rules to crypto asset markets. ...