You are viewing the FCA Handbook Glossary as it appeared on 25/10/2027.

blockchain validation

(in accordance with article 9Z6 (Qualifying cryptoasset staking) of the Regulated Activities Order) the validation of transactions on: 

  • (a) a blockchain; or 

  • (b) a network that uses distributed ledger technology or other similar technology, 
    and includes proof of stake consensus mechanisms.

     

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25/10/2027