Tag: FCA

  • UK Lays Foundations for Crypto Future with Ambitious FCA Reforms

    UK Lays Foundations for Crypto Future with Ambitious FCA Reforms

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    Yashika Gupta

    The UK’s Financial Conduct Authority (FCA) has taken a decisive step toward becoming a global hub for digital finance by unveiling a comprehensive new framework for regulating cryptoassets. Spanning over 350 pages, the two consultation papers CP25/14 and CP25/15 propose a robust, institutional-grade regime that aims to bring clarity, stability, and investor confidence to the…

  • UK Crypto Ownership Climbs to 12% as FCA Prepares Regulatory Overhaul

    UK Crypto Ownership Climbs to 12% as FCA Prepares Regulatory Overhaul

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    by

    Oscar

    Cryptocurrency ownership in the United Kingdom has surged, with 12% of adults now holding digital assets, according to a Financial Conduct Authority (FCA) announcement on Nov. 26. This marks a significant increase from 10% in June 2023, with the average crypto portfolio valued at £1,842 ($2,318). The findings underscore a growing mainstream appeal, as many…