BlockBeats news, on November 26, the UK financial regulator FCA plans to implement a cryptocurrency regime before 2026 to address the growing ownership of cryptocurrencies in the country.
The roadmap released by the FCA indicates that the agency plans to issue a discussion paper on market abuse and disclosures by the end of this year, and intends to publish documents on stablecoins, trading platforms, staking, prudent cryptocurrency risk exposure, and lending by early next year. The regime is set to take effect after the final policy statement is released in 2026.
A study commissioned by the FCA shows that the country's crypto asset holdings have increased by 4% over the past two years, with about 7 million adults owning crypto assets out of approximately 68 million people in the country. (CoinDesk)