FCA says registered crypto firms must reapply for approval under 2027 regime

The Financial Conduct Authority said firms wishing to undertake crypto-related activity in the UK will need to be authorised when a new regime starts in October 2027.

The FCA said registered crypto companies must reapply for approval under that new regime.

The requirement takes effect when the regime begins in October 2027; firms will need to hold authorisation from that point.

Key Topics

Crypto, Financial Conduct Authority, Registered Crypto Firms, Authorisation Requirement, Reapplication Requirement