The UK FCA proposes to bring Crypto Assets companies under comprehensive regulation in the UK.

[UK FCA proposes to bring crypto asset companies under full regulation] The UK Financial Conduct Authority has proposed to fully integrate crypto asset companies into its regulatory framework, promising to establish a system that reflects TradFi rules while adjusting for the specific risks and characteristics of the digital asset market. The regulatory agency stated in a consultation document released on Wednesday that while these proposals reflect many of the requirements already applied to other financial companies— including operational resilience, accountability of senior management, robust systems and controls, and measures to prevent financial crime— the new Crypto Assets standards will be "moderate." The FCA's goal is to protect consumers, reduce financial crime, support growth, while ensuring that UK companies remain competitive internationally. Feedback is expected to be submitted in October and November, with the final rules anticipated to be released in 2026 after further industry consultations on specific activity requirements.