BlockBeats news, on December 17, according to Cryptoslate, the UK's Financial Conduct Authority (FCA) launched a public consultation on cryptocurrency regulation on December 16, 2024. The new framework aims to balance innovative development with risk control, focusing on issues such as market manipulation and financial fraud. The FCA proposed to authorize trading platforms to share information about suspicious market abuse and will restrict the operations of unregistered cryptocurrency businesses. The consultation period will last until March 14, 2025, with the regulatory framework draft expected to be released in 2025 and plans for full implementation in 2026, covering areas such as trading activities, stablecoin regulation, and asset custody.