PANews reported on December 17 that the UK Financial Conduct Authority (FCA) released a discussion document DP24/4 to launch a public consultation, proposing plans to improve transparency in the crypto market, including strengthening disclosure and market abuse regulatory systems, requiring authorized trading platforms to share information to prevent fraud and promote good practices. The new framework will cover trading activities, stablecoin regulation and asset custody. The draft is expected to be released in 2025 and implemented in 2026. The document calls on the industry to provide opinions to help develop fair and balanced cryptocurrency rules, and the deadline for feedback is March 14, 2025. At the same time, investors are reminded that crypto assets are still not fully regulated, there are high risks, and funds may not be protected.