UK's New Crypto Regulations: A 24-Hour Timeframe 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 affecting platforms and software providers that do not consider themselves custodians. The FCA's Cryptoasset Perimeter Guidance, published recently, outlines technical traps for firms handling clients' crypto assets. A key aspect of the rules is the 24-hour thres…
April 16, 2026, 2:40 p.m.