On Tuesday, the British financial services watchdog outlined a strategy to enact a comprehensive regulatory framework for the Bitcoin sector by 2026.
A calendar outlining the dates and benchmarks it is aiming for on its regulatory roadmap for cryptocurrency was released by the Financial Conduct Authority (FCA), which regulates banking and investing products in the United Kingdom.
Discussion papers on the regulations controlling stablecoin issuance and custody, admission and disclosure procedures, and strategies for combating market misuse will be released by the regulator in the fourth quarter.
The FCA stated that it intends to release papers on trading platforms, lending, intermediation, prudential crypto exposure, and so-called staking rewards that companies pay on users’ token holdings in the first half of 2025.
Source (CNBC)
