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 may broaden the definition of custody, potentially impacting platforms and software providers that do not identify as custodians. The FCA's Cryptoasset Perimeter Guidance, published on Wednesday, outlines several technical pitfalls for firms handling client crypto assets. A key provision is the 24-hour threshold …
April 16, 2026, 2:40 p.m.