The UK is taking big steps toward shaping the future of crypto — and the FCA Crypto Roadmap is at the heart of it. Here’s what you need to know as a Gemini customer.

What is the FCA Crypto Roadmap?

The FCA Crypto Roadmap refers to the UK government’s and Financial Conduct Authority’s (FCA) phased plan to regulate cryptoassets more comprehensively. Until recently, crypto was largely unregulated in the UK, but that’s changing fast.

The roadmap outlines how and when new rules will be introduced, covering everything from marketing, to the protection of client assets and funds, as well as rules targeted towards addressing abusive crypto trading practices. 

What changes might you notice?

As these rules come into effect over the next 12–18 months, you may notice:

• Stricter protections and disclosures
  Clearer warnings, improved risk information, and more structured onboarding processes — all aimed at protecting you.
  
   
• Greater scrutiny of crypto firms
  Only firms that meet certain regulatory standards will be allowed to offer services in the UK. This helps reduce fraud and promote safer platforms.
  
   
• Possible product restrictions
  Some higher-risk products (like crypto derivatives or lending features) may be subject to additional rules or even become unavailable to retail customers.
  
   
• Increased transparency
  Firms will need to meet standards around operational resilience, customer asset safeguarding, and financial crime controls.
  
   

When is this happening?

Key milestones on the roadmap include:

•  October 2023: Financial promotions rules introduced (now in force).
   
• 2024–2025: New rules expected on areas like exchange operations, custody of assets, and anti-market abuse measures.
   
• A new regulatory regime for crypto firms will likely follow, bringing them closer to how traditional financial institutions are overseen.
  
   

Gemini’s Commitment

At Gemini, we welcome this progress. We believe clear rules make crypto safer and more accessible for everyone. We’re actively working with regulators and adapting our platform to meet new UK standards as they develop.