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FCA Approves Eunice to Run Live Crypto Disclosure Trials With Coinbase, Crypto.com and Kraken

The supervised sandbox trials will feed evidence into the UK’s 2026 crypto rulebook.

Overview

  • Eunice will test standardized disclosure templates inside the FCA’s Regulatory Sandbox with Coinbase, Crypto.com and Kraken.
  • The live experiments will assess how structured, real-time disclosures perform in active market conditions and whether they improve user understanding.
  • Results are intended to guide forthcoming disclosure requirements under the FCA’s multi-year Crypto Roadmap concluding with final rules in 2026.
  • The project builds on the December 2024 Admissions and Disclosures discussion paper that sought technical input from industry participants.
  • The FCA said the sandbox remains open year-round and invited firms working on similar transparency tools to apply.