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FCA opens DeFi guidance and crypto exclusion consultations

The UK Financial Conduct Authority has launched two consultations, one on how DeFi firms meet money-laundering rules and one on exclusions from cryptoasset regulation, weeks after opening applications under its new regime.

Why it matters: The consultations shape how DeFi firms and crypto businesses will be regulated in the UK, ahead of a regime due to be enforced from October 2027.

InvestIn.News NewsDesk · 1 min read
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Picture from Cointelegraph for: FCA opens DeFi guidance and crypto exclusion consultations
Image: Cointelegraph
Original reporting: Turner Wright, Cointelegraph

Key points

  • The FCA opened two consultation periods in a notice published on Wednesday
  • The DeFi guidance aims to clarify existing rules rather than set new policy, the regulator says
  • Crypto firms can apply under the new regime from 30 Sept, with a 28 Feb 2027 compliance deadline

The UK Financial Conduct Authority has opened consultations on DeFi guidance and on exclusions from cryptoasset regulation, Cointelegraph reports. The regulator published the notice on Wednesday, saying the exclusions follow recent legislative changes in the country.

On DeFi, the FCA said the proposed guidance is meant to clarify existing rules rather than create new policy, and covers how firms using decentralised finance should meet its money-laundering and financial crime requirements. The UK Cryptoasset Business Council welcomed the move, saying the country can still strike the right balance between clear perimeter rules and proportionate expectations.

The exclusions consultation follows the FCA's unveiling of a regulatory regime that covers stablecoin holding arrangements and reserve assets, due to be enforced from October 2027. The regulator began accepting applications from crypto entities on 30 Sept, with a 28 Feb 2027 deadline for firms seeking to be in compliance.

What to watch: Firms seeking to comply with the new regime face a 28 Feb 2027 application deadline.

Read the full story on Cointelegraph

Live updates on NewsFeeds:AltcoinsRegulationDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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