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FCA seeks final feedback on proposals to impose traditional finance rules on UK crypto now

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The Financial Conduct Authority has opened a final feedback period on ten proposed UK crypto rules, the regulator said on Friday as part of the government’s crypto roadmap. The move aims to apply traditional finance standards to the crypto sector and build public trust.

The proposals cover business standards of conduct, credit-based crypto purchases, regulatory reporting, and asset safeguarding. They also address retail collateral treatment for crypto borrowing and other operational rules, with feedback due by March 12.

“These proposals continue our progress towards an open, sustainable and competitive crypto market that people can trust,” the Financial Conduct Authority said. The regulator added that risks remain and that investors must understand those risks.

The package was first outlined in December and represents the final consultation stage on these details. The FCA said it has made significant progress in developing the rules.

The regulator has also set a timeline for a new licensing regime that will require firms to hold FCA authorization to operate in the UK. The FCA expects the application period to open in September 2026.

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