FCA Seeks Input on Crypto Regulation Amid Legislative Progress

The UK’s Financial Conduct Authority (FCA) has issued a public request for feedback, seeking opinions on various aspects of cryptocurrency regulation. The FCA released a discussion paper on Friday outlining its approach to regulating intermediaries, staking activities, lending services, and decentralized finance (DeFi). The FCA emphasizes that these specific cryptocurrency activities will be subject to their regulatory oversight once new legislation is passed. This consultation process closes on June 13th, 2025, with the final framework expected later in the year after reviewing responses.