UK's New Crypto Regulations: A 24-Hour Threshold That Could Catch Firms Off Guard
The UK's Financial Conduct Authority has introduced proposed crypto regulations that could broaden the definition of custody, potentially affecting platforms and software providers that do not consider themselves custodians. The FCA's Cryptoasset Perimeter Guidance, published on Wednesday, highlights several technical traps for firms handling client crypto assets. A key aspect of the rules is the…
April 16, 2026, 2:40 p.m.