The UK's FCA will launch a comprehensive regulatory framework for cryptoassets in 2026

Gate news bot message, the UK's Financial Conduct Authority (FCA) announced plans to launch a new "gateway" authorization system in 2026, significantly expanding the regulatory scope over the encryption asset sector. The new framework will encompass various aspects such as stablecoin issuance, payment services, lending, and exchanges.

Matthew Long, the FCA's Director of Payments and Digital Assets, emphasized that the new framework will significantly expand the existing anti-money laundering (AML) regulatory scope. Industry insiders believe that this regulatory system could have a significant impact on infrastructure builders such as Layer 2 (L2) and cross-chain transactions, and is expected to serve as a reference standard for other countries in formulating related policies.

BOT0.23%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)