The UK is preparing more flexible regulations for the crypto market.
Date: 2025-09-18 Author: Henry Casey Categories: IN WORLD
The British Financial Conduct Authority (FCA) has presented draft regulations that should simplify the work of crypto market participants. The document proposes clearly defining activities such as issuing stablecoins, storing digital assets, trading, and staking. This will allow companies to understand in advance what licenses and permits they will need to legally operate in the country.
The authorities promise a transition period of up to two years. During this time, businesses will be able to restructure their internal processes without pressure or haste, while retaining the right to fulfill previously concluded contracts. Additionally, they plan to exempt certain operations from mandatory controls, including the issuance of new tokens and intra-company transactions. Officials note that this step will reduce the administrative and tax burden for projects with minimal risk.
According to David Gil, the FCA's Director of Digital Finance, the goal of the changes is to build a strong and competitive crypto sector based on trust and transparency. He emphasized that it is impossible to completely eliminate the risks associated with cryptocurrency investments. However, the new standards will create uniform rules for businesses and give investors greater understanding of the potential consequences of their decisions.
The regulator intends to pay special attention to customer protection. In particular, an option is being discussed whereby individuals will be encouraged to contact the Financial Ombudsman Service (FOS) directly if disputes or complaints arise. The FCA intends to collect feedback from market participants to determine the optimal conflict resolution mechanism.
Interest in the reform is also supported by research results. According to analysts at IG Group, more than 40% of crypto investors in the UK have experienced delays or blocking of transfers by banks when purchasing digital assets. This creates additional difficulties for users and undermines trust in the market. The proposed changes aim to ease the regulatory environment for crypto companies while maintaining a balance between innovation and security. Authorities hope the new regulatory model will strengthen London's position as one of the world's leading digital finance centers.
