The UK government announced that regulations for cryptocurrency firms will be implemented from 2027, aiming to support the industry while protecting consumers. These "firm and proportionate" rules will subject crypto companies to oversight by the Financial Conduct Authority (FCA), mirroring the regulation of other financial service providers.

• UK laws on regulating cryptocurrency firms will come into force from 2027.
• Crypto companies will be regulated by the Financial Conduct Authority (FCA), as stated by finance minister Rachel Reeves.
• The regulations aim to provide "strong consumer protections" and "lock dodgy actors out of the UK market," following similar moves by the European Union and United States.