UK financial watchdog opens consultations for DeFi guidance, crypto laws

The UK Financial Conduct Authority has opened consultations on DeFi guidance and crypto laws, following its recent opening of applications under a new crypto regulatory regime. The move signals continued regulatory engagement rather than an immediate enforcement action or approval decision. Traders should watch for the final rules, since clearer UK frameworks could affect where DeFi and crypto firms choose to operate, but this consultation stage carries limited near-term price impact.