A taskforce convened by the Royal United Services Institute warned that crypto poses a material risk for the UK in its 2027 Financial Action Task Force evaluation. Assessors are due to visit in June 2027, before the UK’s mandatory crypto regime takes effect on October 25, 2027. The taskforce doubted the UK could show adequate implementation by the visit and said assessors would look for enforcement results that match the risk.
The taskforce also warned that rules focused on identifiable crypto firms could push the highest-risk activity beyond the regulator’s reach, leaving law enforcement to trace it. Members doubted law enforcement had the resources and capability to keep pace.
