Britain’s top financial regulator is opening the floor to the public as it works to shape a long-term regulatory framework for the crypto industry.
The Financial Conduct Authority (FCA) has released a new discussion paper outlining key areas of the crypto space it plans to regulate—ranging from trading platforms and intermediaries to lending, staking, and decentralized finance (DeFi).
The agency is also weighing restrictions on buying digital assets with borrowed funds, such as credit cards.
According to the FCA, clear and well-enforced rules are essential to ensuring both consumer safety and market integrity as the digital asset sector continues to grow.
The regulator says it wants input from all sides—industry leaders, retail investors, and traditional financial firms—to help guide future policy.
The push for regulation follows earlier moves by the FCA to reduce crypto-related risks. In recent months, the agency banned misleading crypto ads, cutting such promotions by half. It has also worked with major tech platforms to crack down on online scams, though officials say deceptive activity remains a major concern.
This latest step reflects the UK’s broader strategy to balance innovation with oversight, as the country positions itself as a responsible but forward-looking player in the digital finance space.
Source: https://coindoo.com/uk-regulator-seeks-public-feedback-on-new-crypto-rules/