LONDON, Feb. 13, 2026 — The UK Financial Conduct Authority published a consultation setting out proposed rules and guidance for a framework covering cryptoasset admissions, disclosures and a market abuse regime, with responses requested by Feb. 12, 2026, according to Consultation Paper CP25/41.
The proposal describes requirements that could apply to trading platforms admitting cryptoassets to trading, including pre-admission disclosures and ongoing transparency provisions.
Admission and disclosure requirements
Under the consultation, firms operating cryptoasset trading venues would publish disclosure documentation before admitting cryptoassets to trading and maintain information made available to market participants.
The paper also outlines due-diligence expectations for platforms assessing whether a cryptoasset may be admitted to trading.
Market abuse provisions
The proposal sets out prohibitions relating to insider dealing, unlawful disclosure of inside information and market manipulation in relation to cryptoassets traded on venues within the regime’s scope.
It also describes monitoring and control arrangements intended to address abusive trading activity.
Next steps
The consultation closed on Feb. 12, 2026. The FCA said it will review feedback before deciding whether to proceed with final rules.
