Regulated digital assets and tokenization: what the FCA's new regime means for banks and asset managers

The UK Financial Conduct Authority's (FCA) 30 June 2026 cryptoasset regime marks a turning point for the UK digital asset market. Oversight is moving beyond anti-money laundering registration and financial promotions controls into a full FSMA-style framework for cryptoasset activity. For banks and asset managers, the significance is broader than crypto compliance. It signals that digital assets, including stablecoins and tokenization, are moving closer to regulated financial services infrastructure.^1,2

Regulatory clarity now shifts the focus to execution. For established financial institutions, the opportunity is to decide which digital asset capabilities belong at the core of the business, which should be delivered through partners, and how new rails can sit alongside existing custody, settlement and asset servicing models.

Download the full article to learn how the FCA's new cryptoasset regime is reshaping digital assets and tokenization.