The UK is planning to bring cryptocurrency into its financial regulatory system, to be implemented by 2027 at the latest.
BlockBeats News, December 15th, the UK government plans to fully integrate cryptocurrency into the existing financial regulatory framework by no later than 2027. The UK Treasury will submit relevant legislation to Parliament, aiming to formally place crypto businesses under the oversight of the Financial Conduct Authority (FCA) by October 2027 at the latest.
UK Chancellor of the Exchequer Rachel Reeves stated that bringing the crypto industry into the regulatory fold is a key step in strengthening the UK's position as a global financial center in the digital age, helping to provide clear rules for businesses, protect consumers, and keep bad actors out of the UK market.
In April of this year, the UK Treasury released a regulatory draft that proposed to bring crypto exchanges, brokers, and intermediaries "into the regulatory perimeter." The new legislation will bring crypto assets closer to traditional financial products in terms of regulation. Currently, UK crypto businesses mainly need to register with the FCA, with a focus on regulating anti-money laundering risks. UK Economic Secretary Lucy Rigby stated that this legislation is a significant milestone in the UK's digital asset policy, aiming to "lead the way in the adoption of digital assets globally," and emphasizing that the new rules will balance growth, innovation, and consumer protection.
Furthermore, this legislation is also seen as a step towards alignment with the direction of crypto regulation in the United States. The UK and the US established a working group in September last year to explore cooperation in the field of crypto regulation. The crypto regulation roadmap released by the FCA last month shows that the UK plans to finalize rules in the stablecoin, exchange platform, and DeFi sectors by the end of 2026.
You may also like

Key Market Information Discrepancy on February 27th - A Must-See! | Alpha Morning Report

The Circle Beautiful Money Report: Is the True Winner of Stablecoins Not the Issuer?

Opinion: Bitcoin's 10-point Plunge Wasn't All Jane Street's Fault

Milestone AI-driven Layoff, a 50% Reduction in Force, Resulting in Unquestionable Capital Market Approval

WEEX P2P upgrade: Ad posting now available for regular users
To further improve liquidity and user participation in the P2P market and create a more open and efficient trading environment, WEEX now allows regular users to post ads on P2P. This update allows non-merchant users to post ads, opening up greater participation in the P2P marketplace.

Dovey Wan: The Great Liquidity Schism, Bitcoin May Never Keep Up with ARKK

Market Key Insights for February 26th, How Much Did You Miss?

L1 Value Capture Shrinks Significantly, ETH, SOL, HYPE Struggle to Return to All-Time High

Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…

Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…

Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…

Missouri Advances Bitcoin Reserve Bill to House Committee in Policy Push
Key Takeaways Missouri pushes HB 2080, aiming to establish a state-run Bitcoin Strategic Reserve Fund. The bill mandates…

Ethereum Faces $1,500 Downside as Vitalik Buterin Sells 9,000 ETH
Key Takeaways Vitalik Buterin’s recent sale of nearly 9,000 ETH has triggered concerns over Ethereum’s price stability, given…

Hong Kong to Connect New Digital Bond Platform With Regional Crypto Tokenization Hubs
Key Takeaways Hong Kong is pioneering the integration of its debt market with blockchain technology through a new…

Elon’s Grok AI Predicts the Price of XRP, Cardano, and Ethereum by 2026
Key Takeaways Grok AI forecasts significant price growth for XRP, Cardano, and Ethereum by 2026. XRP could see…

Anchorage Digital Confirms Its Stake in Strategy’s STRC – A Sign of Long-term Confidence
Key Takeaways Anchorage Digital has officially disclosed holding Strategy’s STRC perpetual preferred stock, reinforcing its strategic alignment within…

Bitcoin Price Prediction: Major Miner Expands in Texas: Is a Massive BTC Production Surge Anticipating?
Key Takeaways: Canaan Inc. has expanded its role from hardware selling to direct Bitcoin production by acquiring a…

Crypto Price Prediction Today 25 February: XRP, Solana, Bitcoin
Key Takeaways Bitcoin’s recent surge to $66,000 reflects a potential bullish trend bolstered by institutional interest and regulatory…
Key Market Information Discrepancy on February 27th - A Must-See! | Alpha Morning Report
The Circle Beautiful Money Report: Is the True Winner of Stablecoins Not the Issuer?
Opinion: Bitcoin's 10-point Plunge Wasn't All Jane Street's Fault
Milestone AI-driven Layoff, a 50% Reduction in Force, Resulting in Unquestionable Capital Market Approval
WEEX P2P upgrade: Ad posting now available for regular users
To further improve liquidity and user participation in the P2P market and create a more open and efficient trading environment, WEEX now allows regular users to post ads on P2P. This update allows non-merchant users to post ads, opening up greater participation in the P2P marketplace.