Will the FCA drive UK bitcoin users offshore? Bitcoin Policy UK responds to FCA discussion paper DP25/1 on regulating cryptoasset activities
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In this episode, we share an audio version of the full response from Bitcoin Policy UK to the Financial Conduct Authority’s Discussion Paper DP25/1, which explores the future regulation of cryptoasset activities in the UK.
From crypto lending and borrowing to staking and ESG concerns, BPUK argues that the FCA’s proposals could have unintended and deeply damaging consequences for innovation, consumer protection and the UK’s place in the global crypto economy.
🔍 In this episode:
- Why treating Bitcoin like meme coins is a mistake
- The risks of banning collateral top-ups in volatile markets
- How the proposed rules may push UK users toward unregulated offshore platforms
- The overlooked environmental case for proof-of-work mining
- Practical recommendations for proportionate, risk-based regulation
This is a must-listen for policymakers, regulators, and anyone who cares about Bitcoin’s future in the UK.
📄 Read the full written paper here:
👉 Bitcoin Policy UK: Response to the Financial Conduct Authority’s (FCA) Discussion Paper DP25/1
To find out more about Bitcoin Policy UK's work and how you can get involved, visit:
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