Woofun AI reports that the UK Financial Conduct Authority has published final cryptocurrency regulations, requiring trading platforms, custody providers, stablecoin issuers, and staking services to obtain authorization. Applications open from September 30, 2026, to February 28, 2027, with mandatory compliance effective October 25, 2027.

The framework imposes capital and stress testing requirements, market integrity rules against manipulation, and specific stablecoin standards. Trading platforms must conduct token reviews and list only after publishing disclosures on the FCA database. Crypto firms fall under the consumer duty framework, allowing retail customers access to the Financial Ombudsman Service. The scope extends to decentralized finance involving identifiable controlling entities. Stablecoin capital buffers were reduced from 2% to 1%. FCA Director David Geale stated the framework balances regulatory certainty with innovation.