UK financial regulators are nearing the final consultation phase on key cryptocurrency rules.

PANews reported on January 26th that, according to Cointelegraph, the UK Financial Conduct Authority (FCA) has entered the final consultation phase for key cryptocurrency regulations, soliciting final feedback on 10 regulatory proposals by March 12, 2026. These proposals aim to apply traditional financial standards to the crypto market, covering areas such as business conduct guidelines, credit purchases of crypto assets, regulatory reporting, asset protection, and retail collateral handling.

As part of the UK government's crypto roadmap, the FCA plans to open applications for licenses to crypto asset service providers in September 2026 (this has not yet been finalized). This licensing regime will impose stricter oversight on crypto companies, requiring them to obtain FCA authorization to operate in the UK.