Britain will regulate crypto assets from October 2027, introducing legislation to extend financial rules to crypto firms while enhancing consumer protection and market integrity.
Britain will start regulating crypto assets from October 2027, the finance ministry announced on Monday, 15 December 2025. Legislation was set to be introduced in parliament later the same day, extending existing financial rules to crypto companies.
This regulation aligns the UK with the US approach, diverging from the EU’s industry-specific rules. Finance minister Rachel Reeves said the rules will provide “clear rules of the road,” protect consumers, and keep out “dodgy actors.”
The FCA and Bank of England plan bespoke rules for trading, custody, issuance, and stablecoins, to be finalised by end-2026. The UK will also work with the US through a “transatlantic taskforce” on digital asset regulation.
Earlier, the UK tax authority, His Majesty’s Revenue & Customs (HMRC), revised its guidance on the Crypto Asset Reporting Framework (CARF) on 5 November 2025 within the International Exchange of Information Manual, starting at IEIM800001.