FCA Seeks Public Input on Cryptocurrency Regulations

According to Foresight News, the UK's Financial Conduct Authority (FCA) is soliciting public opinions on cryptocurrency assets as part of its legislative development efforts. A discussion paper released today indicates that the FCA is particularly interested in feedback regarding intermediaries, staking, lending, borrowing, and decentralized finance (DeFi). The initiative aims to establish clear crypto legislation to boost confidence and support industry growth. As part of its five-year strategy from 2025 to 2030, the FCA plans to focus on smarter regulation to facilitate ongoing economic expansion. Additionally, the FCA is committed to empowering consumers to manage their financial lives and using this opportunity to combat financial crime.