The Financial Conduct Authority is consulting on updates to its cryptoasset perimeter guidance to reflect recent legislative changes. The guidance will be important for firms determining whether they need UK authorisation under the incoming cryptoasset regime, including for proprietary traders, market makers, technical service providers and stablecoin issuers assessing newly introduced exclusions. Firms have until 18 November 2026 to provide their feedback.

The FCA’s proposals in CP26/36 update the cryptoasset parts of its perimeter guidance (PERG) which it published in September 2026 via PS26/18. This latest consultation seeks to address changes made by the draft FSMA 2000 (Cryptoassets) (Miscellaneous…