The UK's Financial Conduct Authority (FCA) is seeking feedback through a public consultation to develop a new regulatory framework for digital assets, including staking and DeFi.
This initiative aims to bring regulatory clarity and integrity to the evolving crypto market and establish guidelines for key areas such as staking, lending, and DeFi operations.
The regulatory proposal follows draft legislation from the Treasury to expand FCA oversight in crypto markets, focusing on monitoring stablecoins, exchanges, and decentralized finance platforms.
The FCA's consultation paper addresses stakeholding, lending, and borrowing rules, seeking feedback to enhance user security and establish regulatory measures for DeFi platforms and crypto intermediaries.