Regulation · Instrument · United Kingdom · Consultation paper · Financial Conduct Authority

FCA CP25/42: A prudential regime for cryptoasset firms

Second prudential consultation, extending the CP25/15 proposals to trading platforms, staking, arranging and dealing as agent or principal. Finalised in PS26/12.

Consultation closed · part of UK cryptoasset regulatory regime (FSMA cryptoasset activities)

Key points

Timeline

  1. 16 Dec 2025 · Consultation
    CP25/42 published.[1]
  2. 12 Feb 2026 · Consultation
    Consultation closed.[1]
  3. 30 Jun 2026 · Final
    Final rules published (PS26/12); they apply from 25 October 2027.[1]

Deployments operating under it

None recorded with a source yet.

Sources

  1. [1]CP25/42: A prudential regime for cryptoasset firms — Financial Conduct Authority, 16 Dec 2025. Accessed 12 Oct 2026.A