The post UK’s FCA Tests Industry Crypto Disclosures com. The United Kingdom’s Financial Conduct Authority (FCA) approved regulatory technology (RegTech) company Eunice to run experiments in its sandbox, which offers one of the clearest indications yet of how the country intends to build its forthcoming crypto rulebook. On Wednesday, the FCA announced that Eunice will test a set of standardized crypto disclosure templates with major exchanges, including Coinbase, Crypto. com and Kraken. The company will test whether the templates improve transparency when used in real-world settings. The FCA also highlighted that its regulatory sandbox is still accepting applications from companies looking to test their ideas. “We encourage any firm to apply who are looking to test a similar solution to help inform our regulatory approach to cryptoassets,” said Colin Payne, the head of innovation at the FCA. By testing industry-led tools rather than relying on theoretical policy, the FCA signals that future crypto rules will be shaped through practical trials and real-world feedback. Cointelegraph reached out to Eunice for comments, but had not received a response by publication. UK aims to raise transparency standards in crypto Eunice co-founder and CEO Yi Luo said the sandbox provides a space where regulators and industry members can work together to strengthen the foundations of the UK’s crypto markets. She said the project aims to bring more integrity and transparency to crypto at a time when institutional participation is growing. “Leading the work around disclosures is a great point of pride for Eunice, which was founded to bring integrity and transparency to digital assets at a time when institutions are stepping into the space,” she said. The pilot also ties directly to the FCA’s broader policy agenda. According to the regulator, the disclosure templates were created in response to last year’s Admissions and Disclosures Discussion Paper, which encouraged the industry to contribute technical expertise.