UK FCA Opens Crypto Authorization Window Ahead of New Regulatory Regime

The UK's Financial Conduct Authority (FCA) has opened a window for crypto businesses to apply for authorization under the new regulatory regime set to take effect on October 25, 2027.

Companies intending to continue operating in the UK should submit their applications by the end of February 2027. The FCA will review these applications before the new regime kicks in.

The framework expands the FCA's oversight beyond anti-money laundering and financial promotion requirements, covering stablecoin issuance, crypto trading platforms, and market abuse.

In a statement, Dominic Cashman, director of authorization at the FCA, said: 'The UK's new crypto regime will give consumers greater protections and firms a clear framework to operate in.'