ok🇬🇧 UK Aims for October 2027 to Implement Crypto Regulations
BINANCE POLICY WATCH – December 15, 2025 – The UK government announced a significant advancement for cryptocurrency businesses: comprehensive regulation of the sector will commence in October 2027. This schedule, revealed by the finance ministry, intends to create "distinct guidelines" for digital assets.
📜 Aligning with the US, Not EU
The new legislation, set to be presented to parliament today, will expand current financial services regulations to include cryptocurrency firms. This strategy brings the UK in line with the United States' perceived crypto-friendly regulatory attitude, as opposed to the EU’s specific Markets in Cryptoassets (MiCA) framework that commenced in 2024.
The aim is two-pronged: to offer assurance to companies seeking "long awaited regulatory clarity," and at the same time enhance consumer protections and eliminate "dishonest players." The Bank of England (BoE) and the Financial Conduct Authority (FCA) are anticipated to complete their tailored regulations for trading, stablecoins, and market abuse by the close of 2026.
⚠️ Ongoing Technical Issues
Even with the established timeline, a partner at Travers Smith pointed out that "technical legal issues" in the initial draft bill require resolution. The government maintains that the alterations have been merely slight. With the October 2027 deadline established, companies such as Gemini now have a specific date to gear up for adherence to this new framework.
This video presents an overview of Refinitiv's due diligence offerings, which are important since regulatory agencies such as the FCA in the UK will mandate improved compliance and risk management from cryptocurrency companies under the updated regulations. Overview of Refinitiv Due Diligence
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