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UK financial watchdog to consult on proposed crypto regulations

Published by Global Banking & Finance Review

Posted on April 15, 2026

1 min read

· Last updated: April 16, 2026

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UK financial watchdog to consult on proposed crypto regulations
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April 15 (Reuters) - Britain's financial regulator said on Wednesday it was consulting on how firms might be affected by the regulation of the crypto industry which is due to come into effect by

UK Financial Regulator to Consult on Upcoming Crypto Regulations by 2027

FCA Consultation on Crypto Industry Regulation

April 15 (Reuters) - Britain's financial regulator said on Wednesday it was consulting on how firms might be affected by the regulation of the crypto industry which is due to come into effect by October 2027.

Scope of the Consultation

Under the consultation, the Financial Conduct Authority (FCA) is seeking feedback on proposed regulations on a range of crypto activities including operating crypto trading platforms as well as dealing, staking and safeguarding crypto assets, the regulator said.

Key Areas of Focus

Crypto Trading Platforms
Dealing, Staking, and Safeguarding Crypto Assets

(Reporting by Prerna Bedi in Bengaluru; Editing by Shailesh Kuber)

Key Takeaways

  • The consultation invites feedback on a broad range of crypto activities such as operating trading platforms, dealing (as agent or principal), staking, and safeguarding of crypto assets—key for shaping how firms will comply under the new regime (fca.org.uk).
  • The new regulatory framework stems from the Financial Services and Markets Act (Cryptoassets) Regulations 2025, expanding the FCA’s remit and requiring firms to be authorised to operate in the UK from 25 October 2027 (addleshawgoddard.com).
  • An authorisation window opens between 30 September 2026 and 28 February 2027, allowing firms to apply under the new regime; transitional provisions allow continued operations pending approval (addleshawgoddard.com).

References

Frequently Asked Questions

What is the UK financial watchdog consulting on?
The UK financial regulator is consulting on how firms may be affected by proposed regulations for the crypto industry.
When are the new UK crypto regulations expected to take effect?
The new crypto regulations in the UK are set to come into effect by October 2027.
Which crypto activities are covered under the proposed FCA regulations?
The proposed FCA regulations cover operating crypto trading platforms, dealing, staking, and safeguarding crypto assets.
Who is conducting the consultation on the crypto regulations?
The consultation is being conducted by the UK's Financial Conduct Authority (FCA).

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