UK FCA Publishes Guidance on Scope of Cryptoasset Regulation, Authorization Applications to Open on September 30, 2026

Odaily reports that the guidance clarifies that activities such as issuing qualifying stablecoins, operating cryptoasset trading platforms, proprietary trading, trade matching, cryptoasset custody, and arranging staking may require FCA authorization. The new regime will take effect on October 25, 2027; the UK government has made targeted amendments to relevant legislation, and the FCA will consult on targeted updates to the guidance in October.