The UK is planning to bring cryptocurrency into its financial regulatory system, to be implemented by 2027 at the latest.

By: theblockbeats.news|2025/12/15 05:46:00
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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.

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