FCA opens crypto authorisation gateway ahead of 2027
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- The FCA has opened applications for crypto firms seeking UK authorisation.
- Firms should apply by 28 February 2027 before the new regime begins.
- Full FCA regulation will cover consumer protection, safeguarding and market integrity.
The Financial Conduct Authority has opened applications for crypto firms seeking UK authorisation.
The new regime will introduce standards covering consumer protection, safeguarding, market integrity and financial resilience.
“Firms can now apply for authorisation and start preparing for regulation,” FCA Director of Authorisation Dominic Cashman said in a statement.
Firms intending to continue operating in Britain should submit applications by 28 February 2027.
The FCA expects the new crypto regime to come into force on 25 October 2027.
Authorisation will require firms to demonstrate they meet the FCA’s regulatory requirements before approval.
Existing firms can continue serving customers during assessment if they apply within the designated application period.
The new regime will bring UK crypto firms into full FCA regulation from 25 October 2027.
