The Financial Conduct Authority plans to introduce a crypto market framework in 2026 covering stablecoins, trading platforms, staking, and prudential exposure.
According to Matthew Long, the regulatory regime is expected to introduce a new authorization process for crypto companies.
The United Kingdom’s Financial Conduct Authority (FCA) is set to introduce a comprehensive regulatory framework for crypto assets, aiming for full implementation by 2026. This initiative seeks to balance consumer protection with the growth of the crypto market.
Historically, the FCA’s involvement in the crypto sector was primarily focused on anti-money laundering (AML) measures and financial promotions. However, the forthcoming regulatory framework will significantly expand the FCA’s authority to cover a broader range of crypto activities, including crypto trading, stablecoins, intermediation, and custody services. As a result, companies such as Coinbase, Gemini, and Bitpanda will need to undergo