UK FCA Opens Consultation for Crypto Rules Ahead of Regulation Expected in 2027
The UK Financial Conduct Authority (FCA) has launched a consultation seeking feedback on proposed crypto rules as part of a new regulatory regime. The proposals aim to apply a regulatory framework to cryptocurrencies that aligns closely with that of traditional finance (TradFi).
The UK Treasury plans to extend financial services rules to the crypto sector and is working to build a comprehensive regulatory framework by 2027. The consultation covers various aspects including the listing of crypto tokens, standards for exchanges, market abuse prevention, and requirements for brokers and other intermediaries.
The scope of the proposed regulations also includes lending and borrowing activities, decentralized finance (DeFi), and staking services. Stakeholders are invited to submit their responses by February 12, 2026.
In parallel, the Bank of England has proposed rules specifically for stablecoins and is conducting a consultation on these proposals through February 2026.
