HM Treasury announced plans for legislation that would bring cryptoassets into the UK regulatory perimeter from 2027, applying rules similar to those governing other regulated financial products such as stocks and shares. The proposed approach would require cryptoasset firms to be regulated by the Financial Conduct Authority (FCA), with the aim of providing legal clarity for firms and stronger consumer protection. Under the new regime, firms would be subject to established transparency standards and broader regulatory oversight intended to improve the detection of suspicious activity, support sanctions enforcement and enable action against firms that fall short. HM Treasury framed the changes as part of a wider strategy to support responsible innovation, maintain open and competitive markets, and position the UK as a destination for digital asset businesses, including through ongoing work with the United States via the Transatlantic Taskforce.
HM Treasury 2025-12-15
UK's HM Treasury sets out 2027 plan to bring cryptoasset firms under Financial Conduct Authority regulation
HM Treasury plans to legislate the inclusion of cryptoassets within the UK regulatory framework by 2027, aligning them with rules for other financial products. Cryptoasset firms would be regulated by the Financial Conduct Authority, enhancing legal clarity and consumer protection. This initiative is part of a broader strategy to foster innovation, competitive markets, and collaboration with the United States.