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ARTICLE · 26 FEBRUARY 2026

Consumer Duty And Cryptoassets - FCA Guidance Consultation

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The FCA has issued a consultation on proposed guidance setting out how relevant firms involved in crypto should apply the FCA's consumer duty, including most importantly the rules...

United KingdomTechnology
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The FCA has issued a consultation on proposed guidance setting out how relevant firms involved in crypto should apply the FCA's consumer duty, including most importantly the rules for manufacturers and distributors (FCA GC 26/2). From October 25, 2027, firms wishing to conduct certain crypto-related activities will need authorisation. The FCA's authorisation gateway is expected to open in September 2026. This article provides certain key information in relation to the FCA's consultation, and the consumer duty and crypto more broadly.

FCA Consultation

The FCA consultation1 was issued on January 23, 2026 and proposes guidance in relation to the following:

  • how the FCA proposes for its consumer duty regime to apply to firms conducting crypto-related activities that will fall within the scope of the UK regulatory regime from October 25, 2027

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