UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027.
Summary
- The FCA will accept applications from Sep. 30, 2026, through Feb. 28, 2027.
- Firms with existing anti-money-laundering registrations will need separate approval for regulated crypto activities.
- Eligible firms that apply within the window may continue specified services while the FCA reviews their applications.
- Zumo CEO Nick Jones says clearer rules could encourage financial firms to expand their UK crypto offerings.
The Financial Times published a…
