UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year

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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

The regime would apply to anyone committing market abuse on a crypto asset that is trading on a U.K. exchange, regardless of where they are based.

The business plan set out an agenda to protect consumers, ensure market integrity and facilitate international competitiveness. Last year, the government issued a consultation that included plans for a market abuse regime for crypto assets.

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