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UK Financial Conduct Authority recasts scope of crypto rules, seeks more feedback

Britain\'s Financial Conduct Authority has launched an additional consultation to refine which digital asset activities will fall under its crypto regulatory framework ahead of its planned start in October 2027. The consultation focuses on clarifying whether stablecoin issuance, trading platform operations, custody and staking are covered. Feedback is due by June 3. Crypto firms can apply for FCA authorisation from Sept. 30. The FCA plans a policy statement in the second half of the year.