UK FCA releases final crypto regulatory framework, mandatory licensing regime to take effect in October 2027

CoinFeed June 30 news, according to The Block, the UK Financial Conduct Authority (FCA) finalized a comprehensive crypto regulatory framework on Tuesday, with the mandatory authorization regime set to take effect on October 25, 2027. The framework covers prudential requirements, market abuse regulations, and stablecoin standards, applicable to crypto trading platforms, custodians, stablecoin issuers, lending and staking service providers, and some DeFi companies with identifiable controlling entities. Companies can apply for authorization between September 30, 2026 and February 28, 2027, and existing anti-money laundering registrations will not be automatically converted. Regarding trading platform rules, the FCA requires UK-qualified crypto asset trading platforms to conduct due diligence, meet admission standards, and publish disclosure documents, while also removing the previous exemption that allowed fungible crypto assets to be listed without disclosure documents.