Find out more about our approach to the new regime.
Pre-application meetings
Firms will be able to request a pre-application meeting with us via our PASS service from 11 May 2026.
As we've previously indicated, the meetings will take place from July 2026, but we will schedule meetings as requests arrive.
In October 2023, the Treasury published detailed proposals for the creation of a financial services regulatory regime for cryptoassets. The proposals were to create new regulated activities for cryptoassets that will require firms wishing to provide associated services in or to the UK to be authorised and supervised by us.
On 4 February 2026, The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 were made by Parliament and will bring cryptoassets within our regulatory remit.
Commencement
The new cryptoasset regime is expected to come into force on 25 October 2027.
Designing the new regime
Our crypto roadmap sets out the indicative, high-level timeline for the design and implementation of the new regime and should assist firms with their planning.
We have already published a number of consultation and discussion papers as listed below.
Over the coming months, we will continue to publish further policy consultations setting out our proposed rules and guidance.
Following consideration of the responses to these consultations, our final rules and guidance will be set out in policy statements ahead of the implementation of the new regime.
Helping firms prepare for the new regime
In order to help cryptoasset firms that are within scope of the new regime but for whom this is the first time they will be regulated by us under FSMA, we have published information on the following that firms should consider familiarising themselves with:
- What you need to do when preparing for the new cryptoasset regulatory regime
- Cryptoasset regulated activities: FSMA and the FCA Handbook.
- Cryptoassets: Our standards.
- Cryptoasset firms: Authorisation, supervision and enforcement.
- Cryptoassets: How the gateway will operate.
- Cryptoassets: The transitional provision.
- Cryptoasset firms: Use of s.21 approvers.
- Cryptoasset firms: Registration under the MLRs ahead of the new FSMA regime.
Webinars
Over the coming months we will be hosting a number of webinars focusing on specific topics that will be of interest to firms that are preparing for the new regime.
Register for our upcoming webinar
- Introduction to operational resilience - 21 May 2026
You can also view our earlier webinars and read any accompanying questions and answers:
Keep up to date
In addition to setting out our proposals for the regulation of cryptoassets in the UK, we will be engaging widely to help cryptoasset businesses ensure they are ready for the new regime and that they understand our rules and know how to comply with them.
Once the regime is in place, cryptoasset businesses will need to be authorised by us to do business in the UK and will need to demonstrate that they can meet the standards we set.
If you would like us to contact you with information about cryptoasset publications, events and other relevant material, please register your interest.
Contact us
If you have any questions or need further help, please contact us.
