UK FCA Says About 8% of UK Cryptoasset Users Acquired Crypto Through Decentralized Exchanges in 2025

The Financial Conduct Authority (FCA), the United Kingdom’s financial regulator, put decentralized exchanges at the point of purchase for about 8% of UK cryptoasset users in 2025, a figure included in draft guidance for firms that interact with DeFi. Opened Oct. 21, the proposal explains how existing operational resilience, financial crime and money-laundering requirements apply to some regulated firms using decentralized finance. It does not create new regulatory requirements. The draft guidance for regulated firms using DeFi focuses on the service a customer receives, such as trading, transfers, lending, borrowing or staking, rather than treating the underlying protocol as the…