UK's FCA begins final consultation on crypto regulations

The UK's Financial Conduct Authority (FCA) has launched the final consultation phase for its proposed cryptocurrency regulations, Cointelegraph reported. According to the report, the FCA is seeking additional market feedback on 10 key regulatory proposals in what is effectively the last public consultation before the rules are finalized. The proposals cover business conduct standards, restrictions on purchasing crypto on credit, regulatory reporting requirements, and custody rules for client assets. The deadline for submissions is March 12.