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