The UK Financial Conduct Authority (FCA) has issued new guidance to help cryptocurrency firms understand how the UK's future cryptoasset regime will apply and clarify which activities may require FCA authorization. The regime will take effect on October 25, 2027, with authorization applications opening on September 30, 2026. The guidance covers activities such as issuing qualifying stablecoins, operating cryptoasset trading platforms, trading and arranging trades, safeguarding cryptoassets, and arranging cryptoasset staking. David Geale, FCA Executive Director of Consumers, Payments & Competition, stated that the move aims to provide businesses with the clarity they need to prepare with confidence. The FCA will also consult in October on targeted updates to the guidance following legal changes.