UK regulators start major consultation on crypto listings, DeFi, and staking
The UK's FCA launched a major consultation on proposed crypto rules covering listings, DeFi, and staking, aiming for a TradFi-like regulatory approach.Summary
The U.K.'s Financial Conduct Authority (FCA) has initiated a significant consultation seeking feedback on a new regulatory framework for cryptocurrencies. The consultation covers critical areas including rules for listing crypto tokens, standards for exchanges, market abuse, requirements for brokers and middlemen, lending and borrowing activities, decentralized finance (DeFi), and staking. These proposals suggest adopting an approach "similar" to regulating traditional finance (TradFi), aligning with the U.K. Treasury's broader plan to extend financial services rules to the crypto industry by 2027. Responses to the FCA's consultation are due by February 12, 2026. Separately, the Bank of England (BOE) is also consulting on stablecoin oversight until the same date.
(Source：CoinDesk)