UK FCA Proposes ICO Ban Outside Specialized Platforms

UK FCA Proposes ICO Ban Outside Specialized Platforms

The UK Financial Conduct Authority (FCA) has announced plans to prohibit Initial Coin Offerings (ICOs) outside of regulated trading platforms. This measure is part of a broader regulatory framework aimed at improving transparency and investor protection within the UK’s cryptocurrency market.

The FCA’s proposal reflects concerns over the risks associated with unregulated ICOs, including fraud and insufficient disclosure of information. By restricting ICOs to specialized platforms, the regulator seeks to ensure that offerings meet stricter standards, safeguarding participants and maintaining market integrity.

This new regulatory framework is expected to take effect in 2026 and is designed to provide a clear and secure environment for crypto-related activities while addressing potential risks to investors and the financial system. The FCA is currently gathering feedback from industry participants to refine the proposed rules.

For more details, see the FCA’s official statement here.