The Financial Conduct Authority has opened a consultation on a new regulatory framework for crypto-assets, aiming to align them more closely with rules that apply to traditional financial products. The proposals are based on policy plans first published in 2023 and would bring crypto-assets under FCA supervision in a similar way to shares and other regulated investments. The consultation will remain open until February 2026. Legislation supporting the new framework has now been laid before Parliament, with the regime expected to come into force in 2027.
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