The British financial regulator, FCA, plans to implement a cryptocurrency regime by 2026 to address the increasing cryptocurrency ownership in the UK. A roadmap released by the FCA indicates that they will publish a discussion paper on market abuse and disclosure by the end of this year, and a paper on stablecoins, trading platforms, staking, prudent cryptocurrency exposure, and lending by the beginning of next year.
The system will be implemented after the final policy statement is released in 2026. A study conducted by the FCA reveals that crypto asset holdings in the UK have increased by 4% in the past two years, with approximately 7 million adults out of 68 million owning crypto assets.
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