UK Financial Conduct Authority Seeks Feedback on Crypto Rules Before New Regulations Take Effect in October 2027

Odaily News: The UK Financial Conduct Authority (FCA) is seeking feedback on its interpretation of specific digital asset regulatory activities under its crypto roadmap. This consultation covers how activities such as stablecoin issuance, trading platforms, custody, and staking will be brought into the regulatory perimeter. The consultation will close on June 3, 2026, and crypto firms can apply for FCA authorization starting September 30, 2026. The FCA stated that the rule consultation for the future crypto asset regime is largely complete, with a policy statement to be published this summer. Until the new legislative regime is implemented in 2027, crypto assets remain largely unregulated in the UK, except for financial promotion and financial crime purposes.