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UK crypto firms see proposals on Consumer Duty, conduct standards, redress rules

( January 23, 2026, 00:02 GMT | Official Statement) -- MLex Summary: The UK's financial watchdog has set out its proposals on how the Consumer Duty, conduct standards, redress and safeguarding rules will apply to cryptoasset firms. The Financial Conduct Authority has been developing a regulatory framework for cryptoasset firms as the sector will be fully regulated from next year. The FCA said it intends to apply a similar approach to cryptoassets as it does in traditional finance, meaning "clear information for consumers, proportionate requirements for firms and flexibility to support innovation." Consultation responses are open until March 12. Statements are attached....

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