UK's New Crypto Regulations: A 24-Hour Deadline That Could Catch Firms Off Guard
The UK's Financial Conduct Authority has introduced new crypto regulations that may broaden the definition of custody, potentially affecting platforms and software providers that do not consider themselves custodians. The Cryptoasset Perimeter Guidance, published on Wednesday, outlines several technical traps for firms handling client crypto assets. According to the rules, any firm holding client…
April 16, 2026, 2:40 p.m.