The UK is moving towards fully regulating its crypto market with the FCA launching a consultation on rules for exchanges, staking, lending, and DeFi, following new legislation. This signals a shift from fragmented oversight to a comprehensive regulatory framework by 2027.

The consultation focuses on market structure, regulating exchanges, liquidity access, and a unique approach to staking. The UK aims to create a competitive crypto hub, with firms already adjusting to potential regulatory changes that could create new jobs and position the UK in the global crypto landscape.

Read more at Cointelegraph: FCA on Exchanges, Staking, and DeFi