The UK's Financial Conduct Authority (FCA) is seeking public feedback regarding the regulatory framework for crypto assets. This initiative aims to enhance regulation in the UK's crypto market, particularly focusing on aspects such as intermediaries, staking, lending, and decentralized finance (DeFi). The FCA is eager to establish clear rules that can foster innovation while ensuring market integrity and consumer protection. This comes after a draft proposal was issued by the Treasury, outlining steps towards creating a comprehensive legal framework. David Geale, FCA's executive director of payments and digital finance, emphasized the importance of balance in regulation to promote sustainable growth within the crypto sector. Stakeholders are invited to provide their insights until June 13, 2025, after which the FCA plans to consolidate this feedback into a final regulatory regime. This move represents an essential step in creating a clear operating landscape for crypto businesses in compliance with financial regulations.

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