🇬🇧 UK could have crypto asset regulation by 2026! FCA has just released a discussion paper on market abuse regulation and disclosure.

🔍 The FCA will expand its powers to include crypto asset trading, stablecoin regulation, and other activities. Tokenized financial instruments and security tokens are already regulated by RAO 2001.

📈 The FCA is expected to only allow the offering of crypto assets through exceptions, such as trading on a CATP platform or only to institutional investors.

🚫 The current market abuse regulation cannot be applied directly to crypto. The FCA is considering IOSCO's recommendation.

💬 Discussion on stablecoin regulation will be held separately. The FCA is waiting for feedback from stakeholders until 14/3/2025.

What do you think about the future of crypto in the UK? Share your opinion! 👇