Financial Conduct Authority

Financial Conduct Authority holds authority over cryptoasset firm registration. Financial Conduct Authority addresses anti-money laundering supervision, while its crypto-facing responsibilities also include consumer investment protection and market conduct enforcement. Specific responsibilities at Financial Conduct Authority include systemic risk assessment, stablecoin policy framework, payment modernization strategy, and public consultation processes. For stablecoin policy framework, follow decisions formally issued by Financial Conduct Authority; coordination or implementation around payment modernization strategy may also be relevant. For Financial Conduct Authority, court judgments and legislation involving stablecoin policy framework stay separate. Attribute enforcement of payment modernization strategy to Financial Conduct Authority only when the authority acts.