According to Cryptoslate, the UK Financial Conduct Authority (FCA) has launched a public consultation on cryptocurrency regulation. The new framework aims to balance innovation development with risk control, focusing on issues such as market manipulation and financial fraud. The FCA proposes to authorize trading platforms to share information on suspicious market abuse and will restrict the operations of unregistered cryptocurrency businesses. The consultation period will last until March 14, 2025, with a draft regulatory framework expected to be issued in 2025 and a full implementation planned for 2026, covering areas such as trading activities, stablecoin regulation, and asset custody.