The UK's financial regulator has accepted Eunice into its testing program to develop standardized disclosure templates for cryptoassets, marking a shift toward industry-driven compliance frameworks as the country prepares final rules for digital asset markets.

UK Regulator Taps Eunice to Build Next-Gen RegTech Framework

The Financial Conduct Authority (FCA) selected the RegTech platform for its Regulatory Sandbox after Eunice convened a working group that includes Coinbase , Crypto.com, and Kraken. The group produced disclosure templates that will be tested to help inform the FCA's approach to transparency requirements ahead of final rule implementation in 2026.

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Eunice operates as a RegTech platform that helps financial institutions and businesses work with cryptoassets, tokenized assets, and blockchain infrastructure. The platform's acceptance into the sandbox reflects regulatory interest in letting market participants shape compliance mechanisms before formal rules take effect.

Yi Luo, CEO and co-founder of Eunice
Yi Luo, CEO and co-founder of Eunice

"The FCA Sandbox is where regulators and industry participants meet to build the foundations for a safer and smarter digital asset market," Yi Luo, CEO and co-founder of Eunice, said.

The UK Builds Framework for Digital Assets

The FCA published a discussion paper on cryptoasset admissions and disclosures in December 2024 that encouraged industry input on future requirements. The regulator plans to finalize rules in 2026 as part of a broader effort to establish clear standards for digital asset operations in the UK.

Colin Payne, head of innovation at the FCA, said the Regulatory Sandbox accepts applications year-round from firms testing products that could benefit consumers and markets. The program has supported nearly 200 companies since launching and has been replicated by more than 95 regulators worldwide.

Colin Payne
Colin Payne

“'We encourage any firm to apply who are looking to test a similar solution to help inform our regulatory approach to cryptoassets,” he added.

The disclosure project addresses transparency gaps that have complicated investor protection efforts in cryptoasset markets. Standardized templates would make it easier for firms to meet documentation requirements while ensuring retail investors understand risks before purchasing digital assets.

Revolut Expands RegTech Deployment Across Europe

The RegTech market has grown as financial institutions face pressure to automate compliance processes and maintain consistent data across jurisdictions with different reporting rules. The global RegTech market was valued at around $14.69 billion in 2025 and is projected to reach $115.5 billion by 2035, growing at approximately 20% annually.

Separately, Revolut consolidated most of its European regulatory reporting infrastructure onto Nasdaq's AxiomSL platform as the fintech pushes into new markets. The company recently completed integration of all UK workflows onto the system, which handles compliance filings across different jurisdictions through a cloud-based managed service.

The FCA's sandbox approach allows firms to test compliance solutions with real consumers under regulatory supervision before full market launch. The program has moved to an always-open application model and has received over 630 applications since inception, with 31 firms accepted into recent cohorts.