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FCA signals crypto market abuse regime for 2024

Montage of Nikhil Rathi, chief executive of the UK's Financial Conduct Authority and cryptocurrency.
GRIP Montage: FCA/Getty Images

The proposal is part of the regulator’s business plan for the final year of its three-year strategy.

A plan to put a crypto market abuse regime into practice in the UK has drawn the most attention among a number of measures in the FCA’s business plan for 2024-25. The regulator also pledged to recover $6.2m ($7.9m) of costs for what it said would be the “new regulation