TechFlow News, January 26: According to a Cointelegraph report, the UK’s Financial Conduct Authority (FCA) announced on Friday that it has entered the final consultation phase of its cryptocurrency regulatory framework and is now seeking industry feedback on 10 key regulatory proposals, with a deadline of March 12. These proposals cover multiple areas—including market conduct standards, credit-based cryptocurrency purchases, regulatory reporting, asset protection, and retail collateral handling—with the aim of applying traditional financial standards to the cryptocurrency market.
The FCA stated that these measures form a critical part of the government’s cryptocurrency roadmap, targeting the establishment of “an open, sustainable, and competitive crypto market.” The regulator plans to launch the registration application period for cryptoasset service providers in September 2026, at which point all cryptocurrency firms wishing to operate in the UK will need FCA authorization. The FCA emphasized that regulation cannot eliminate all risks, but it will help investors better understand the potential risks associated with cryptocurrency investments.
