Britain’s cryptocurrency industry has long pressed regulators for greater clarity and faster action, arguing that the United Kingdom was being outpaced by the United States, Europe, and Dubai. On 30 June 2026, the Financial Conduct Authority (FCA) delivered the country’s most comprehensive digital asset rulebook to date, following Parliament’s decision earlier in the year to formally bring cryptoassets under FCA oversight. The new guidelines span stablecoins, trading platforms, custody providers, market abuse, and capital requirements. The FCA collaborated closely with the Bank of England, unveiling a joint approach to sharing supervision of stablecoin issuers. Applications for authorization will open in September 2026, with the complete regime set to launch on 25 October 2027.