Cryptoassets.

Firms applying through the FCA's cryptoasset authorisation gateway, and those already promoting cryptoassets to UK consumers.

There is no published total of cryptoasset firms. From 2020 to 2025 the FCA received 386 MLR registration applications and approved 62 13.

What is different here

  • Perimeter guidance on cryptoasset activities (PERG 18)
  • Financial promotions to UK consumers (COBS 4)

What applies in 2026 and 2027

  • The authorisation gateway opened on 30 September 2026 and accepts applications until 28 February 2027 22.
  • The regime comes into force on 25 October 2027 22.
  • MLR registrations do not carry over: there is no automatic conversion 24.
  • PS26/18 perimeter guidance was published on 16 September 2026 23.

Latest updates for cryptoassets

All regulatory updates

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