The UK's Financial Conduct Authority (FCA) is moving to prohibit public initial coin offerings (ICOs) from non-regulated entities, requiring that any crypto tokens offered to the public either be listed on a regulated crypto-asset trading platform or qualify for an exemption. This decision reflects a tightening of regulations in the UK crypto market, as the FCA aims to enhance transparency and combat market abuse. The FCA has also called for public input on its plans, indicating a commitment to a more structured regulatory framework for digital assets. The new regulations signal a shift towards a more cautious approach to public token launches, with a focus on investor protection and market integrity.