UK's FCA Opens Consultation on New Crypto Rules Ahead of 2027 Regulation
The Financial Conduct Authority has opened a wide-ranging consultation on proposed rules for the crypto industry, following the government's confirmation that the sector will be brought under formal regulation from October 2027. The paper seeks views on how a regulatory framework should operate in practice and comes as regulators and firms begin to map compliance and supervision requirements ahead of the start date.
The consultation matters because it gives industry participants a chance to shape scope and detail — from consumer protections to market integrity and anti‑money‑laundering standards — before rules are finalised. Responses will help the FCA refine proposals, and the process should provide clearer timelines and expectations for exchanges, custody providers and token issuers preparing for the 2027 regime.