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United Kingdom

Comprehensive Framework Framework In Development Risk: low Last updated: 2026-04-08

Regulatory Bodies

FCA

Crypto registration, AML supervision

Bank of England

Systemic stablecoins

HM Treasury

Policy and legislation

Primary Legislation

Law / Regulation Year Scope
Money Laundering Regulations 2017 (amended) 2017 AML/KYC
Financial Services and Markets Act 2000 (amended) 2023 Crypto as regulated activity

Licensing Requirements

vasp

FCA registration required for all cryptoasset businesses

custody

FCA registration + safeguarding requirements

exchange

FCA registration + financial promotions rules

Travel Rule

Adopted — Threshold: GBP 0 (no threshold)

Tax Reporting

HMRC self-assessment; capital gains tax on crypto disposals

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