The post UK to Bring Crypto Under FCA Rules by 2027 appeared first on Coinpedia Fintech News The UK government is drafting new legislation to bring cryptocurrenciesThe post UK to Bring Crypto Under FCA Rules by 2027 appeared first on Coinpedia Fintech News The UK government is drafting new legislation to bring cryptocurrencies
UK to Bring Crypto Under FCA Rules by 2027
The post UK to Bring Crypto Under FCA Rules by 2027 appeared first on Coinpedia Fintech News
The UK government is drafting new legislation to bring cryptocurrencies under the Financial Conduct Authority’s supervision from 2027. Under the proposal, digital assets would be regulated in the same way as other financial products. Chancellor Rachel Reeves said the goal is to set clear rules for the industry, remove bad actors from the market, and strengthen confidence. She also emphasized that the new framework will offer strong consumer protections and create a safer environment for crypto users.
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