[UK Financial Conduct Authority Launches Consultation on New Cryptocurrency Rules Covering Listing and Trading Standards]
The UK Financial Conduct Authority (FCA) on Tuesday launched a broad consultation on proposed rules for the cryptocurrency industry, following the UK government's announcement that regulation will take effect starting October 2027. A report released simultaneously by the FCA shows that the proportion of UK adults holding cryptocurrencies has dropped from 12% to 8% over the past year. The proposed rules cover asset listing, prevention of insider trading and manipulation, standards for trading platforms and brokers, as well as prudential requirements, staking risks, lending protections, and risk mitigation measures. The consultation period will end on February 12, 2026, with the final framework expected to be finalized by the end of next year.