New FCA guidance will help firms understand how the law underpinning the UK’s future cryptoasset regime applies to their business. It also sets out which activities may require FCA authorisation.

The regime comes into force on 25 October 2027. With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare. The guidance covers activities including issuing qualifying stablecoins, operating cryptoasset trading platforms, dealing and arranging deals, safeguarding cryptoassets and arranging cryptoasset staking.  

David Geale, executive director of consumers, payments and competition at the FCA, said: ‘We are building a…