FCA Opens Application Gateway for New UK Crypto Regime
- The Financial Conduct Authority (FCA) will open its application gateway for the new cryptoasset regime on September 30, 2026.
- Applications can be submitted until February 28, 2027, before the regime begins on October 25, 2027.
- This new framework requires businesses to obtain FCA authorisation rather than just anti-money-laundering registration.
- The regime transition is significant as it moves more crypto firms under the Financial Services and Markets Act structure.
The opening of the FCA’s application gateway marks a critical step for UK crypto firms transitioning to a more regulated environment. The extended application window allows companies time to prepare for compliance with new regulatory standards.
By requiring authorisation under the Financial Services and Markets Act, the FCA aims to enhance oversight and ensure that crypto businesses meet higher operational standards before October 2027. Source