# UK’s 2027 crypto rules let firms remove trust protection from Bitcoin lent for yield

https://mins.news/en/item/80712

- CryptoSlate, 2026-09-30 17:20 UTC
- Economy
- Original: https://cryptoslate.com/uks-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.

## Related coverage

- [Clock’s ticking: UK crypto regulatory application window opens with February deadline](https://mins.news/en/item/80413) — CoinDesk, 2026-09-30
- [FCA begins accepting crypto authorization applications ahead of 2027 regime](https://mins.news/en/item/80349) — The Block, 2026-09-30