Crypto firms can apply for FCA authorisation from today (30 September) as the regulator launches its new regime in what it described as ‘landmark moment’.

As party of the new regulatory framework the FCA has laid out clear standards for crypto firms covering consumer protection, safeguarding, market integrity and financial resilience.

All firms that intend to continue operating in the UK must apply for authorisation by 28 February 2027, ahead of the new regime coming into force on 25 October 2027.

The watchdog said firms will need to clearly demonstrate they meet the FCA’s requirements, and those that cannot show the necessary standards will not be authorised to…