UK's New Crypto Regulations: A 24-Hour Deadline That Could Catch Firms Off Guard
The UK's Financial Conduct Authority has introduced proposed crypto regulations that may expand 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 pitfalls for firms handling client crypto assets. A key aspect of the rules is the 24-ho…
April 16, 2026, 2:40 p.m.