UK FCA Opens DeFi Guidance Consultation Ahead of New Crypto Regime
- —Consultation GC26/7 targets firms already authorised and supervised by the FCA
- —Decentralisation alone does not move an activity outside the regulatory perimeter
- —Firms must scenario-test smart contract exploits, bridge and oracle failures
- —Application window runs Sept 30, 2026 to Feb 28, 2027; regime starts Oct 25, 2027
Why it matters: The UK framework is a template for other regulators and will push DeFi-facing firms toward on-chain analytics and protocol due diligence.
Source: Crypto Daily