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UK Financial Conduct Authority seeks public feedback on UK cryptocurrency legislation "

Internet reports that the UK's Financial Conduct Authority (FCA) is soliciting opinions on crypto-assets as part of developing more legislative measures. According to a discussion paper released today, the FCA is particularly interested in hearing opinions on intermediaries, pledges, loans, borrowing and DeFi or decentralized finance. According to the FCA, the plan aims to develop clear crypto legislation to boost confidence and support growth in the industry. As part of the FCA's five-year strategy from 2025 to 2030, the FCA will focus on smarter regulation to support continued economic growth. In addition, the FCA will also be committed to helping consumers take control of their financial lives and use this as an opportunity to combat financial crime.

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