Progress

Current status
concluded
31 Mar 2022 in force
30 Mar 2022 adopted
03 Jun 2021 adopted
16 Dec 2020 adopted

Scope

Implementers
United Kingdom
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

31 Mar 2022
in force

Concluded Temporary Registration Regime for cryptoasset businesses

On 31 March 2022, the Temporary Registration Regime ends, representing the deadline for crypto asset businesses to permanently register with approval by the Financial Conduct Authority (FCA). The Temporary Registration Regime was established by the …

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
30 Mar 2022
adopted

FCA extends registration approval deadline for certain cryptoasset providers

On 30 March 2022, the United Kingdom Financial Conduct Authority (FCA) extended the deadline for the Temporary Registration Regime (TRR) for certain firms which had not yet been approved for permanent registration, allowing them to continue offering…

Source
Event type order
Action type postponement
Government branch executive
Government body other regulatory body
03 Jun 2021
adopted

Extended Temporary Registration Regime for cryptoasset businesses

On 3 June 2021, the Temporary Registration Regime is extended by the Financial Conduct Authority (FCA) to allow cryptoasset firms to continue trading. The new end date to join the Temporary Registrations Regime is 31 March 2022, at which point firms…

Source
Event type order
Action type postponement
Government branch executive
Government body other regulatory body
16 Dec 2020
adopted

Adopted Temporary Registration Regime for cryptoasset businesses

The Temporary Registration Regime is established by the Financial Conduct Authority (FCA) to allow cryptoasset firms to continue trading if they registered with the FCA before 16 December 2020, even if their applications were still being processed. …

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body