What’s on the Table 📝

[kevin1]

The FCA proposals aim to align crypto with existing financial regulations while addressing crypto-specific challenges.

Key areas under consultation:
️ Operational resilience – ensuring exchanges, wallets & custodians can withstand shocks.
️ Financial crime controls – AML/KYC standards on par with traditional finance.
️ Potential inclusion under the UK’s Consumer Duty – meaning crypto firms would legally need to prove they deliver “good outcomes” for customers.
️ Dispute resolution – should consumers be able to take crypto complaints to the Financial Ombudsman Service?

Feedback is open until October–November 2025.

The UK government has already said its approach is:
“Open for business.”
“Closed to fraud and abuse.”

For startups, exchanges, and fintechs, this means the window is open to help shape the rules. Those who participate now will likely find it easier to operate once the framework goes live.