Regulation· ★★★· neutral·

UK FCA floats enhanced checks on personal-wallet crypto transfers

  • —Consultation CP26/38 runs from Oct. 23 to Dec. 24, 2026
  • —Draft FCG 3.2.8 lists enhanced due diligence on unhosted-wallet transfers as good practice
  • —Draft FCG 3.2.5 flags firms that cannot explain third-party risk scoring as poor practice
  • —The guidance is nonbinding; departing from it alone is not a rule breach
Why it matters: The UK is setting a benchmark for personal-wallet transfer checks, potentially raising compliance burdens on exchanges and their customers.
Source: Cryptonews.net
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