UK FCA Brings Crypto Assets Under Traditional Regulatory Framework

The UK's Financial Conduct Authority (FCA) is shifting how it regulates digital assets, bringing them into its traditional framework under the principle of 'same risk, same regulatory outcome.'

This means crypto firms will be subject to full-scale financial regulation, rather than the current light-touch Anti-Money Laundering (AML) registration.

Starting 30 September 2026, the FCA will open its regulatory application window, and companies must submit their applications by 28 February 2027 to avoid disruptions. The new regulations will fully take effect on 25 October 2027.

bunq's 2026 Crypto Trust Index found that 82% of British adults are actively trying to grow their wealth, but only 29% have invested in cryptocurrency. When looking to invest, 43% of people would trust their bank the most, ahead of exchanges and trading platforms combined.