The UK FCA is seeking feedback on cryptocurrency regulatory guidance, with the new system scheduled to take effect in October 2027.

Techub News reports, according to Cointelegraph, the UK Financial Conduct Authority (FCA) has initiated a consultation process on guidance for the future cryptocurrency regulatory regime, with the new rules expected to be formally implemented on October 25, 2027. This consultation aims to assist businesses in clarifying compliance requirements under the new regime in specific areas such as stablecoin issuance, crypto trading, custody, and staking. The feedback window will close on June 3, 2026.

According to the plan, UK crypto regulation will gradually transition from the current initial phase limited to financial promotions and anti-money laundering to comprehensive governance covering trading platforms, prudential standards, listing disclosures, and anti-market abuse. Eligible companies can submit authorization applications starting from September 2026, with the application period ending in February 2027. The FCA emphasizes that even if previously registered under current anti-money laundering regulations, all institutions providing regulated cryptocurrency services must still obtain formal authorization under the Financial Services and Markets Act and cannot be automatically approved.