What is the FCA's new crypto regulation regime?
Could you elaborate on the FCA's newly introduced crypto regulation regime? I'm particularly interested in understanding how it aims to protect investors, ensure market integrity, and foster innovation in the cryptocurrency space. What specific measures have been introduced, and how will they impact crypto-asset firms operating in the UK? Will it include stringent anti-money laundering requirements or new licensing frameworks? Furthermore, how does the FCA view the role of stablecoins and decentralized finance (DeFi) within this new regulatory framework?