UK FCA enters final stage of cryptocurrency regulation consultation, seeking public opinion on consumer responsibility rules

PANews January 24 News, the UK Financial Conduct Authority (FCA) has entered the final stage of its regulatory consultation on cryptocurrency companies and is seeking public comments by March 12 on how its consumer responsibility rules apply to crypto asset firms. The FCA plans to open the crypto asset licensing application process in September 2026. Consumer responsibility is a regulation by the UK Financial Conduct Authority (FCA) aimed at setting high standards for how financial companies treat retail clients. The regulation requires companies to act with integrity, avoid foreseeable harm, and help individuals achieve their financial goals. Companies must provide clear information, fair pricing, and support throughout the entire customer journey (not just at the point of transaction).