UK crypto firms will need FCA authorisation by October 2027, with applications opening in September 2026 for regulated activities.
The UK is introducing a comprehensive regulatory regime for cryptoasset activities. When the new regime starts in October 2027, firms offering regulated crypto activities in the UK will need to be authorised by the Financial Conduct Authority. Failing to do so risks breaking the law.
To be ready in time, firms providing crypto services will need to apply for a licence or a licence change. The FCA will start to receive applications from September 2026.
Our financial regulatory and structuring lawyers have extensive experience advising clients on crypto and other digital assets. This includes supporting crypto businesses in registering with the FCA under money laundering rules, complying with financial promotions rules, and seeking FCA authorisation under the existing regime.
Please click the link here to learn more about how our financial regulatory and structuring lawyers can help you navigate the new UK cryptoasset regulatory regime.
