Policy paper

Policy note: Draft statutory instrument amending the Cryptoasset Regulations

A draft of statutory provisions to amend the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 and policy note setting out the aims behind these provisions.

From:
HM Treasury
Published
21 April 2026

Documents

Draft statutory instrument amending the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026: Policy Note

PDF, 151 KB, 18 pages

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Draft statutory instrument amending the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026: Policy Note

HTML

The Financial Services and Markets Act 2000 (Cryptoassets) (Amendment) Regulations 2026

PDF, 233 KB, 5 pages

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Details

The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 was made in February 2026 and established a regulatory regime for cryptoassets.

Once these regulations come into force in October 2027, they will require firms carrying on the new regulated activities to be authorised by the FCA.

This draft SI contains proposed amendments to that legislation aimed at providing greater certainty for firms seeking to provide stablecoins payments services, and to remove barriers to certain other use cases. The draft SI also contains additional changes for the purposes of ensuring an internationally competitive UK regime for cryptoassets.

Updates to this page

Published 21 April 2026

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