FCA sets October 2027 date for implementation of cryptoasset rules

Issues further guidance

Michael Nelson
clock • 1 min read

The Financial Conduct Authority (FCA) has set out that its regime for cryptoasset regulation is expected to come into force on 25 October 2027, as has released guidance for firms that will fall within its scope.

As part of a raft of information provided on Thursday (8 January), the FCA has published a handbook setting out rules and guidance it has made under the Financial Services and Markets Act 2000 (Cryptoassets). The handbook is divided into a number of sourcebooks covering high-level, prudential and business standards as well as regulatory processes. It has also issued guidance on the threshold conditions outlining the minimum standards that firms must satisfy via Principles for Businesses, the Consumer Duty and the Senior Managers and Certification Regime. Further publications includ...

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