Gate news bot message, the UK’s Financial Conduct Authority (FCA) announced plans to launch a new “gateway” authorization system in 2026, significantly expanding the regulatory scope over the encryption asset sector. The new framework will encompass various aspects such as stablecoin issuance, payment services, lending, and exchanges.
Matthew Long, the FCA’s Director of Payments and Digital Assets, emphasized that the new framework will significantly expand the existing anti-money laundering (AML) regulatory scope. Industry insiders believe that this regulatory system could have a significant impact on infrastructure builders such as Layer 2 (L2) and cross-chain transactions, and is expected to serve as a reference standard for other countries in formulating related policies.
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