The Financial Conduct Authority has launched a consultation on new crypto guidance covering stablecoins, trading and staking ahead of a full regulatory rollout in 2027.
The regulator said the framework, expected to take effect on Oct. 25, 2027, aims to clarify how crypto firms will operate under UK law and is now open for industry feedback until June 3, 2026.
The FCA said the guidance will help firms understand requirements across key areas including custody, issuance and market conduct as part of a broader push to formalise crypto regulation.
“We want to develop a competitive and sustainable cryptoasset sector where UK consumers are served by authorised cryptoasset firms and can make informed decisions,”
The FCA said.
The consultation follows a series of rule proposals since late 2025 covering trading platforms, disclosures, market abuse and prudential standards as the UK builds a comprehensive crypto framework.
Crypto firms will be able to apply for authorisation starting September 2026, with the window expected to close in February 2027 under the new regime.
Under the plan, all crypto service providers will need approval under the Financial Services and Markets Act, with prior registrations under anti-money laundering rules not guaranteeing approval.
Currently, crypto in the UK remains only partially regulated, mainly limited to financial promotions and anti-money laundering requirements, highlighting the significance of the upcoming overhaul.