Regulation · Instrument · United Kingdom · Consultation paper · Financial Conduct Authority
FCA CP25/40: Regulating cryptoasset activities
Consultation on conduct, organisational and operational rules for cryptoasset trading platforms, intermediaries (including lending and borrowing), staking and decentralised finance. Finalised in PS26/11.
Consultation closed · part of UK cryptoasset regulatory regime (FSMA cryptoasset activities)
Key points
- Proposed rules for trading platforms, intermediaries including cryptoasset lending and borrowing, staking, and DeFi.[1]
Timeline
- 16 Dec 2025 · ConsultationCP25/40 published.[1]
- 12 Feb 2026 · ConsultationConsultation closed.[1]
- 30 Jun 2026 · FinalFinal rules published (PS26/11); they apply from 25 October 2027.[1]
Deployments operating under it
None recorded with a source yet.
Sources
- [1]CP25/40: Regulating cryptoasset activities — Financial Conduct Authority, 16 Dec 2025. Accessed 12 Oct 2026.A