UK's FCA Launches Consultation on Crypto Regulatory Framework, New Authorization Opens September 2026

Gate News message, April 16 — The UK Financial Conduct Authority (FCA) has published a consultation document outlining how stablecoin issuance, trading platforms, custody services, and staking activities should be brought under regulatory oversight. The consultation closes on June 3, 2026, with crypto firms eligible to apply for FCA authorization beginning September 30, 2026. The new regulatory framework is expected to take effect in 2027.

Currently, digital assets remain largely unregulated in the UK except for financial promotion and anti-money laundering rules. Industry observers note that the UK's regulatory progress lags behind Europe, which has established comprehensive enforcement frameworks, though some crypto firms have expressed support for the FCA's systematic, phased approach.