Highlights

• Crypto firms have been able to apply for FCA authorisation since September 2026, with the full regime due in October 2027.
• The FCA has led raids on suspected illegal peer-to-peer crypto traders in April and September.
• Retail access has widened, with crypto ETNs now available to ordinary investors and Robinhood offering crypto trading in the UK.

The UK’s crypto market is going through its biggest regulatory shift to date, and listed companies with crypto exposure are adjusting their strategies to match. As The Smarter Web Company (LSE:SWC) lists its MORE preferred shares on the FCA’s Official List today, the broader rulebook that will govern the…