The UK FCA Seeks Feedback on Cryptocurrency Regulation Rules

On December 16, the UK Financial Conduct Authority (FCA) launched a consultation on proposed cryptocurrency regulatory rules for the UK. The rules cover areas including entry requirements, disclosure obligations, market manipulation, crypto trading platforms, intermediaries, custody services, lending, decentralized finance (DeFi), and prudential standards. The consultation deadline is February 12, 2026. David Geale, the FCA’s Head of Payments and Digital Currencies, said: “Our goal is to create a framework that protects consumers, supports innovation, and builds trust. We’ve made significant progress rolling out our crypto regulation plan—helping firms meet our standards and complete registration—while also waiting for additional legislation.”