The Financial Conduct Authority has launched its crypto framework for firms supporting people to buy, trade and hold crypto.

Under the new mandatory regime, which will take effect on 25 October 2027, firms must meet financial resilience requirements, including capital and stress testing.

The regulator said it had “simplified key elements of the regime” following consultation to make it more workable in practice.

That included simpler capital requirements for stablecoin firms and tailored trading rules to better reflect how crypto markets operate.

The FCA is also introducing new market integrity rules covering insider trading and market manipulation.