"The FCA's consultation focuses on clarifying which activities involving qualifying cryptoassets and qualifying stablecoins will require formal FCA authorization, aiming to reduce uncertainty for firms."
"Firms must secure FSMA Part 4A authorization before the October 25, 2027 deadline, with the FCA authorization gateway opening on September 30, 2026."
"The FCA's goal is to build an open, sustainable, and competitive crypto market that people can trust, as firms prepare for the shift to full FSMA authorization."
The UK Financial Conduct Authority released consultation paper CP26/13 on April 15, 2026, inviting feedback from crypto firms on draft perimeter guidance. Firms must secure FSMA Part 4A authorization by October 25, 2027. The FCA aims to clarify which activities involving qualifying cryptoassets and stablecoins require formal authorization. The consultation period ends on June 3, 2026, with final guidance expected in September 2026. Seven new regulated activities will be introduced under the Financial Services and Markets Act 2000, necessitating authorization for firms operating in the UK.
Read at news.bitcoin.com
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