UK FCA Sets Crypto Firm Authorization Application Window
The UK Financial Conduct Authority has designated the period from September 30, 2026 to February 28, 2027 for crypto companies to apply for authorization, with the new regime taking effect on October 25, 2027.
The UK Financial Conduct Authority (FCA) has established a specific application window for cryptoasset firms seeking authorization under the new regulatory framework. Companies must submit applications between September 30, 2026 and February 28, 2027, with the regime entering force on October 25, 2027.
The authorization requirement applies to firms that:
- Issue regulated stablecoins
- Hold clients' cryptocurrencies in custody
- Operate trading platforms
- Act as dealers or agents in digital assets
- Arrange transactions involving digital assets
- Provide staking services
This timeline gives crypto businesses a defined period to prepare and submit their applications before the new rules take full effect.
Source: ForkLog