UK regulators are outlining a plan to fold crypto into the mainstream financial regime by 2027. The Treasury will introduce legislation to Parliament to place crypto businesses under the supervision of the FCA by October 2027, tightening governance and oversight across the sector.

Chancellor Rachel Reeves calls the move essential to strengthen the UK’s position as a leading global financial hub in the digital era, delivering clear rules for firms, protecting consumers, and excluding illicit actors from the market.

Earlier this year, a regulatory draft proposed expanding the regulatory perimeter to cover crypto exchanges, brokers, and intermediaries, bringing digital assets closer to traditional products. Today, many UK operators register with the FCA with a focus on anti‑money laundering controls.

This reform aligns with a broader US regulatory direction, after a UK-US crypto working group was formed last year. The FCA roadmap envisions final rules for stablecoins, exchange platforms, and DeFi by the end of 2026.