Great Britain wants to dominate the digital financial world with courageous draft for cryptor regulation

Great Britain wants to dominate the digital financial world with courageous draft for cryptor regulation


The United Kingdom laid the foundation for one of the most comprehensive regulatory systems for cryptocurrencies.

In a strategic Advance To obtain the global leadership role in the field of digital finances, British government officials prepare a detailed framework that is intended to subject crypto companies to the same strict standards that apply to traditional financial service providers.

Instead of following the less strict mica regulations of the EU, the United Kingdom tends to a securities-like approach. This includes disclosure obligations, capital buffers and governance guidelines for companies dealing with trade, staking and custody of crypto-assets. The draft law introduces six new regulated activities and clearly defines the services under the supervision of the financial supervisory authority.

Dante Dispafen from Circle praised the United Kingdom's decision to create clarity instead of unclear, and described this as an important step towards promoting responsibly. Vugar Usi Zade, Coo from Bitget, agreed with this opinion and said that this step finally gives the crypto company the transparency they need to plan product launches and get involved in the British market.

The proposed framework in Great Britain classifies as securities and not as e-money and requires the same disclosure regulations as for capital markets. Stable coins issued abroad are still permitted, but only through regulated platforms.

Defi remains a gray area. Providers of Liquid and Delegated Staking have to register, but solo stakers and pure interface platforms can be excluded. Nevertheless, the concerns about how far these rules could extend-especially for slim defi startups that cannot compensate for the burden of adherence to bank standards.

The FCA is expected to complete the rules for cryptocurrencies by 2026. The aim is to find a balance between innovation and supervision and at the same time strengthen the ambitions of the United Kingdom to take a leading role in the global market for digital assets.


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Jayd Johnson

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