Client Briefing - UK Stablecoin Regime

The UK Government and Financial Conduct Authority have published their plans for a comprehensive regulatory regime for cryptoasset activities in the United Kingdom. The regime will commence on 25 October 2027, establishing mandatory FCA authorisation requirements for cryptoasset firms.

On 23 January 2026, the Financial Conduct Authority published a consultation paper, CP 26/4 addressing how the FCA Handbook will apply to regulated cryptoasset activities.