FCA sets landmark crypto rules, requiring full authorisation for crypto firms and stricter prudential and consumer protection standards to strengthen safeguards against market abuse and FC

The rules require crypto firms to meet clearer standards on financial resilience, capital, stress testing, market integrity, consumer protection and stablecoin arrangements, with authorisation applications opening from 30 September 2026 before the mandatory regime takes effect on 25 October 2027. FCA notes that its current crypto oversight remains limited to financial promotions and AML controls until then, while further work will cover the regulatory perimeter…