That includes capital requirements, governance standards, market abuse rules, and disclosure obligations.“The UK’s draft crypto regulations represent a meaningful step toward embracing a rules-based digital asset economy,” Dante Disparte, chief strategy officer and head of global policy at Circle, told Cointelegraph.“By signaling a willingness to provide regulatory clarity, the UK is positioning itself as a safe harbor for responsible innovation.”Disparte added that the proposed framework can provide the predictability needed to “scale responsible digital financial infrastructure in the UK.”Source: Mica Crypto AllianceRelated: Revolut doubles profits to $1.3B on user growth, crypto trading boomUK’s new crypto rules are “net positive”Vugar Usi Zade, the chief operating officer (COO) at Bitget exchange, also expressed optimism regarding the new regulations, claiming that it “is a net positive” for the industry.“I think a lot of companies recently exited or hesitated to enter the UK because they were not clear about what activities, products, and operations need FCA authorization.
Firms finally get clear definitions of “qualifying crypto assets” and know exactly which activities—trading, custody, staking or lending—need FCA authorization.”For exchanges, including Bitget, the UK’s draft rules mean they need full approval from the Financial Conduct Authority (FCA) to offer crypto trading, custody, staking, or lending services to UK users.
Furthermore, Zade said bank‑grade segregation rules for client assets could burden lean DeFi projects.“Final rule tweaks will need to mitigate these side effects.”The FCA plans to publish final rules on crypto sometime in 2026, setting the groundwork for the UK regulatory regime to go live.
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Author / Journalist: Cointelegraph by Amin Haqshanas
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