Regulation · Instrument · United Kingdom · Policy statement (final rules) · Financial Conduct Authority
FCA PS26/18: Cryptoasset perimeter guidance
Final guidance on when cryptoasset activities fall inside the FCA perimeter and need authorisation once the new activities start on 25 October 2027.
Final, not yet in force · part of UK cryptoasset regulatory regime (FSMA cryptoasset activities)
Key points
- Anyone carrying on the new activities by way of business in the UK from 25 October 2027 needs authorisation unless an exemption, savings or run-off provision applies.[1]
- Existing registrations and permissions do not convert automatically.[1]
- The FCA plans further perimeter guidance in late 2026 following a new government statutory instrument, with final guidance expected in early 2027.[1]
Timeline
- 16 Sep 2026 · FinalPS26/18 published.[1]
- 25 Oct 2027 · In force · upcomingPerimeter applies from full commencement.[1]
Deployments operating under it
None recorded with a source yet.
Sources
- [1]PS26/18: Cryptoasset perimeter guidance — Financial Conduct Authority, 16 Sep 2026. Accessed 12 Oct 2026.A