EconomyUK’s 2027 crypto rules let firms remove trust protection from Bitcoin lent for yield
UK crypto firms can apply for authorization from Sept. 30 under a future regime that distinguishes Bitcoin pledged as qualifying borrowing collateral from coins transferred for yield-generating lending. Pledged retail collateral generally must remain safeguarded, while qualifying lending can use an exemption from the trust requirement. The regime is expected to start Oct. 25, 2027; applications do not establish authorization, and the activities will not have FSCS coverage.
UK’s 2027 crypto rules let firms remove trust protection from Bitcoin lent for yield
Economy