Fca’s strict crypto measures: Matthew Long, leading the FCA, has set stringent anti-money laundering standards in the UK crypto market. Out of 365 applications, only four firms received approval in 2024, underscoring the rigorous compliance requirements enforced under his guidance.

Expanding regulatory discussions: The FCA is preparing for broader discussions on crypto regulations, including stablecoins and trading platforms. Long’s leadership aims to gather industry insights through consultation papers, with the final regulatory framework expected by 2026, driving potential changes for crypto operations in the UK.