UK Financial Conduct Authority (FCA) discussion paper inviting public feedback on proposed DeFi regulations follows draft legislation from the UK Treasury that aims to expand the FCA's oversight to include crypto exchanges, stablecoin issuance, and DeFi platforms

Event date

May 2, 2025

Quotes that support claims

The move follows the U.K. Treasury’s draft legislation announced earlier this week, which aims to bring specific crypto-related activities under the FCA’s oversight. Once approved, the legislation would expand the FCA’s authority to supervise areas such as crypto exchanges, stablecoin issuance, and DeFi platforms.

This discussion paper follows the publication of draft legislation by the Treasury that, once passed, will bring specific cryptoasset activities within the FCA’s regulation. The DP reflects insights gained from a series of FCA-led industry roundtables.

Tags

Week 18 of 2025