UK Announces New Crypto Regulatory Framework Targeting 2026 Implementation

iconCCPress
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
The UK has unveiled a new compliance framework for cryptoassets, led by the Treasury and FCA, with a 2026 rollout target. The plan classifies digital assets as personal property and imposes prudential and conduct rules on service providers. It expands oversight to include Countering the Financing of Terrorism, financial regulation, and market abuse. Exchanges, custodians, and issuers must seek FCA authorization, raising compliance costs. A new Act strengthens legal protections for victims of digital theft, aligning the UK with EU financial standards.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.