CryptoUK Outlines New Trading Standards for Cryptoassets

CryptoUK has introduced new regulatory standards governing the trading of cryptoassets, emphasizing the importance of due diligence before an asset is admitted to trading. According to their recent tweet, the A&D framework will establish requirements that firms must meet to ensure compliance. Additionally, the MARC framework will govern market conduct, addressing issues like insider trading and market manipulation. For more details, see the official announcement here.

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The regulatory landscape for crypto trading is evolving significantly as CryptoUK emphasizes the need for comprehensive due diligence and market conduct standards. The A&D framework mandates that firms conduct due diligence before a qualifying cryptoasset can be traded, ensuring that all necessary disclosures are made. Following the asset’s admission, the MARC regulations will take effect, focusing on preventing insider dealing and illegal disclosures. This dual framework aims to enhance transparency and trust within the crypto market.

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