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Finance
Technology
Consumer Protection

UK FCA Publishes Comprehensive Cryptoasset Regulation Framework

Financial Conduct Authority
United Kingdom
Published Dec 15, 2025

Summary

The Financial Conduct Authority published three consultation papers setting out its proposed approach to regulating cryptoasset firms under the Financial Services and Markets Act. The framework includes conduct and organisational requirements, prudential standards, and a bespoke market abuse regime for cryptoassets, scheduled to take effect in October 2027.

Key Changes

  • Cryptoasset activities brought within FSMA perimeter
  • Consumer Duty potentially extended to crypto firms
  • New prudential requirements for crypto service providers
  • Market abuse regime for cryptoassets

Affected Industries

Cryptocurrency
Financial Services
Fintech

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