The UK Financial Conduct Authority launches consultations on guidelines for decentralized finance
2026-10-22 01:38:31
According to CoinMeta, the UK Financial Conduct Authority (FCA) has announced that it will launch consultations regarding guidelines related to decentralized finance (DeFi), with the aim of helping relevant companies comply with anti-money laundering and financial crime regulations. These consultations come shortly after the authority opened applications for crypto companies. The FCA also mentioned that it will seek advice on the exclusion of certain crypto assets, and the new regulations are expected to come into effect in October 2027.
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Source:Cointelegraph
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