UK Financial Conduct Authority (FCA) has released a discussion paper inviting public feedback on the regulation of crypto activities such as staking, lending, borrowing, intermediaries, and decentralized finance (DeFi) as part of its broader crypto regulatory roadmap

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May 2, 2025

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The United Kingdom’s Financial Conduct Authority (FCA) is seeking public feedback on key aspects of the crypto industry, including staking, lending, borrowing, intermediaries, and decentralized finance (DeFi). The request was published Friday in a newly released discussion paper, part of a broader effort to shape the country’s future crypto regulatory framework.

The Financial Conduct Authority, the UK's financial regulator, is seeking views on certain crypto activities in the latest discussion paper under its crypto roadmap. Specifically, the FCA is soliciting feedback from individuals, firms, industry groups, policymakers, academics and think tanks on the regulation of trading platforms, intermediaries, lending and borrowing, staking and decentralized finance ahead of legislation to bring them within regulation.

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Week 18 of 2025