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