FCA to Increase Capacity to Fight Market Abuse in the Crypto Sector
Main page News, UK, Regulations, Cryptocurrency
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20 March

The UK's Financial Conduct Authority (FCA) has outlined its plans to focus on tackling market abuse in the crypto sector and enforcing a balanced regulatory framework for crypto assets over the next 12 months.

As part of its goals for 2024-2025, the regulator has identified strengthening its measures against cryptocurrency market abuse as a key objective.

In addition, the FCA plans to enhance its analytical capabilities, using network analysis and cross-asset class visualizations, to better detect and prevent market abuse.

Apart from these measures, the FCA also intends to establish a market abuse regime specific to crypto assets.

The FCA also intends to continue to monitor the financial promotions of crypto firms and will strengthen its technological capabilities to identify any potentially harmful promotional material that may adversely affect investors.

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