The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027.
Summary
- FCA applications open Sep. 30, while the new crypto regime takes effect on Oct. 25, 2027.
- Existing registrations and permissions will not automatically carry over to the incoming framework.
- Firms seeking transitional arrangements must apply by Feb. 28, 2027.
- The guidance covers stablecoins, trading platforms, custody, transaction services and staking arrangements.
FCA guidance defines which crypto firms need approval
The Financial Conduct Authority…
