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 could significantly broaden the definition of custody, potentially impacting platforms and software providers that do not currently identify as custodians. The FCA's Cryptoasset Perimeter Guidance, published recently, outlines several technical complexities that firms handling client crypto assets must navigate. …
April 16, 2026, 2:40 p.m.