UK FCA Publishes Final Crypto Framework with Mandatory Licensing
The UK Financial Conduct Authority has released its final crypto regulatory framework, requiring licensing for firms and simplified capital rules for stablecoin issuers, with a February 2027 authorization deadline.
The UK's Financial Conduct Authority (FCA) has published its long-awaited final crypto framework, setting out mandatory licensing requirements for cryptoasset firms. Stablecoin issuers will benefit from simplified capital requirements under the new rules.
Firms must obtain authorization by February 2027 to continue operating legally in the UK market. The framework aims to balance innovation with consumer protection, providing regulatory clarity for the crypto industry.
Source: Cointelegraph