UK Financial Regulation

Definition ∞ UK Financial Regulation encompasses the laws, rules, and guidelines established by authorities like the Financial Conduct Authority and the Prudential Regulation Authority to govern financial services in the United Kingdom. These regulations aim to maintain market stability, protect consumers, and prevent financial crime. They apply to traditional finance and increasingly to digital asset activities.
Context ∞ The landscape of UK Financial Regulation for digital assets is continuously evolving, with authorities working to adapt existing frameworks to novel technologies. News frequently covers consultations, policy statements, and enforcement actions related to cryptocurrency firms operating within the UK. This regulatory progression is crucial for providing clarity and confidence to both businesses and consumers in the digital asset market.