UK FCA opens crypto gateway, sets 2027 deadline for firms

The UK FCA has opened its crypto authorisation gateway, requiring firms to apply by Feb 28, 2027, ahead of new rules starting Oct 25, 2027, with stricter standards and investor protections.

The UK Financial Conduct Authority (FCA) has launched its crypto authorisation gateway, marking a major step in digital asset regulation. Crypto firms operating in the UK must apply for authorisation by February 28, 2027, as the new regulatory regime comes into effect on October 25, 2027. This framework introduces clear standards for consumer protection, safeguarding customer assets, market integrity, and financial resilience. The move aims to bring clarity and legitimacy to the sector, offering investor protections that were previously lacking. The regime aligns with Europe’s MiCA regulations, which have tightened licensing requirements and reduced the number of approved firms. The FCA stresses that authorisation is not automatic—only firms meeting strict standards will be allowed to operate, positioning the UK as a trusted hub for crypto businesses.

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