UK FCA to Launch Crypto Licensing in September 2026

UK Crypto Regulation Enters New Era

The UK Financial Conduct Authority (FCA) will open the licensing application channel for crypto firms in September 2026, according to the latest announced plan.

Wide-Ranging Impact

This framework applies to all companies offering regulated crypto asset services in the UK, including those currently registered under AML and payment regulations. These firms must obtain authorization under the Financial Services and Markets Act (FSMA).

Transition Period and Requirements

• The application window is expected to be limited before the new rules take effect in October 2027.
• Existing licensed firms must update their permissions to meet new criteria.
• Companies relying on partners for product promotion must apply directly with the FCA.

The FCA stated that this move will enhance transparency and consumer protection within the sector.