Crypto will be regulated in the UK from October 2027. The FCA is finalising the wider cryptoasset regime, with rules to be published this summer. Parliament has now confirmed which cryptoasset activities will fall within the scope of regulation.
Building on that, the FCA is consulting on new guidance to help firms understand how they might be affected by the regulatory regime for cryptoassets.
The FCA is seeking feedback on its interpretation of the following regulated cryptoasset activities:
- issuing qualifying stablecoin
- operating trading platforms
- dealing and arranging deals in qualifying cryptoassets
- safeguarding cryptoassets
