The FCA has introduced a series of short video guides for cryptoasset firms applying for authorisation. These resources aim to assist firms in navigating the application process under the new regulatory regime, which is expected to come into force on 25 October 2027.
The guidance is part of the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026, which Parliament made on 4 February 2026. The new regime will require firms wishing to provide cryptoasset services in the UK to be authorised and supervised by the FCA.
The video guides apply to cryptoasset firms, specifically those seeking authorisation or wishing to vary their existing permissions. Firms must submit applications via the FCA's Connect system.
There is no stated deadline for reviewing the video guides, but firms are encouraged to familiarize themselves with the content to prepare for the upcoming regulatory changes.
The FCA will continue to publish further policy consultations and final rules ahead of the implementation of the new regime, ensuring firms are well-informed about compliance requirements.