Story perspectives
UK FCA Proposes Flexible Crypto Rules for Safety and Innovation
9/18/2025
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Story summary
- The UK Financial Conduct Authority (FCA) proposes flexible regulations for cryptocurrency firms to boost innovation and consumer protection.
- It suggests exemptions from traditional finance rules to address unique risks, including cyberattacks.
- The FCA is consulting on allowing crypto users access to the Financial Ombudsman Service for complaints.
- The regulator stresses operational resilience after major hacks, such as the $1.5 billion incident at Bybit.
- Feedback is due by November 12, 2025, with final rules anticipated in 2026.
