UK FCA opens crypto authorization gateway, giving firms five months to apply
Summary
The U.K. Financial Conduct Authority has opened its authorization gateway for crypto firms, which must apply by the end of February 2027. The new supervisory framework is due to take effect in October 2027, following years of legislative preparation. Firms already registered under the FCA’s anti-money-laundering regime may have completed some of the work needed for authorization. More than 60 companies hold that existing registration. Crypto infrastructure firm Zumo, one of them, has launched a tracker outlining regulatory requirements and milestones.
