The UK's Financial Conduct Authority is reshaping its approach to crypto market oversight by finalizing the consumer duty framework—a comprehensive regulatory initiative designed to place customer interests at the center of industry operations. Through this consultation, the FCA is establishing clearer expectations for crypto firms regarding fair treatment and outcome delivery, while maintaining a balanced stance toward technological advancement. The consumer duty mechanism aims to strengthen market confidence by ensuring that innovation doesn't come at the expense of customer safeguards, positioning UK crypto businesses as accountable players in a well-protected ecosystem.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The UK's Financial Conduct Authority is reshaping its approach to crypto market oversight by finalizing the consumer duty framework—a comprehensive regulatory initiative designed to place customer interests at the center of industry operations. Through this consultation, the FCA is establishing clearer expectations for crypto firms regarding fair treatment and outcome delivery, while maintaining a balanced stance toward technological advancement. The consumer duty mechanism aims to strengthen market confidence by ensuring that innovation doesn't come at the expense of customer safeguards, positioning UK crypto businesses as accountable players in a well-protected ecosystem.