The Financial Conduct Authority (FCA) is seeking feedback on its plans to improve transparency in the UK’s cryptocurrency markets.
The proposals focus on admissions, disclosures, and market abuse regimes to enhance the integrity of crypto markets and help people make informed financial decisions.
The FCA's Discussion Paper DP24/4 outlines plans for firms to adopt stronger controls to prevent harm and suggests that certain firms, such as authorized crypto trading platforms, share information to prevent market abuse.
The FCA aims to create a fair and balanced crypto regulatory regime and is seeking input from government, international partners, industry, and consumers.