Client Briefing: UK Regulatory Framework for Crypto

On 30 June 2026, the FCA published the final rules for the UK's new cryptoasset regime: five policy statements, three pieces of finalised guidance, and an aggregate cost benefit analysis. Existing registrations will not convert automatically: the savings provisions application window is scheduled to run from 30 September 2026 to 28 February 2027.

The FCA published policy statements on 30 June 2026 setting out its final rules for cryptoasset regulation. This post considers two of them: the policy statement on stablecoin issuance and the policy statement on prudential requirements. Both sit within a wider set of final rules governing firms that will be authorised under the new UK cryptoasset regime, which becomes mandatory on 25 October 2027.