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The United Kingdom’s (U.K.) %Crypto industry has a little more than a year to prepare for a stricter regulatory regime under Britain’s finance regulator.

Matthew Long, director of digital assets at the U.K.'s Financial Conduct Authority (FCA), says the regulator intends to implement a new authorization regime for crypto companies in 2026.

Essentially, this means that cryptocurrency firms in the U.K. will need to comply with a strict set of rules and legislation to receive and maintain an operating license in Britain.

Crypto exchanges and firms such as %Coinbase (NASDAQ: $COIN ) and Gemini will need to comply with anti-money laundering rules and other regulations to operate within the U.K.

The FCA intends to release papers on %Stablecoins, trading platforms, staking, and prudential crypto exposure this year in the lead-up to the new rules coming into effect.

Upcoming government legislation will also define what counts as a “regulated activity” pertaining to securities, and crypto firms will be expected to comply.

Regulated activities are believed to include crypto and fiat-referenced stablecoins, as well as payment, exchange, and lending activities.

However, Long stressed that the U.K. regulator is still determining the exact process crypto companies will need to go through to get authorization.

The FCA is also looking to Europe, which has already launched legislation for the crypto sector.

The price of Bitcoin is currently trading at $85,000 U.S. per digital token.


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