Shift Markets’ Provides Insight on the FCA’s DP24/4 – On Admissions & Disclosures and the Market Abuse Regime for Cryptoassets

14 March 2025

In December 2024, the UK’s Financial Conduct Authority (FCA) published  discussion paper (DP24/4) on its proposed Admissions & Disclosures and Market Abuse regime . This discussion paper is part of a series of policy publications which form the regulatory roadmap that has been laid out by the FCA regarding its approach to cryptoasset regulation.  The discussion paper aims to inform the development of a balanced regulatory regime which considers market risks while providing sufficient flexibility for innovation in the field.

We are committed to positively contributing to the future regulatory landscape in the UK. As a key global financial centre, we consider the UK’s proposed roadmap in addressing its approach to regulating cryptoassets and the possibility of clearer regulatory expectations to be a positive indication of the benefits of a diverse asset class, and encourage positive competition in the space. The discussion paper, along with the regulatory roadmap works towards establishing clearer regulatory expectations and also innovation across the industry.

Shift Markets has provided a response to the FCA’s discussion paper, and our responses and comments are guided by the overarching principles of:

• Regulatory clarity and transparency

• Enhancing market integrity

• Flexibility coupled with technological innovation

• Fostering growth in financial markets and increasing investor protection

Read our full response here.