Regulated Activity
FSMA 2023 (Financial Services and Markets Act 2023 — UK)
The UK's primary post-Brexit financial regulatory framework, extending regulated activity status to cryptoasset businesses, establishing FCA authorization requirements, and setting an October 2027 go-live date for the full regime.
UK Financial Services and Markets Act 2023: Bringing Crypto Into the Regulatory Perimeter
The Financial Services and Markets Act 2023 empowered HM Treasury and the FCA to regulate cryptoassets as a new regulated activity — creating the UK's pathway to a comprehensive crypto regulatory framework.