UK FCA to Launch Crypto Licensing Regime in September 2026
The FCA has set a clear timetable: the licensing regime will open in September 2026, with the new rules coming into force in October 2027. Crypto firms operating in the UK are being warned to apply well ahead of the effective date — failure to obtain authorization could trigger transitional limits that restrict their ability to roll out new products or expand services during the interim period.
This phased approach aims to give firms time to meet compliance standards while offering greater regulatory clarity and consumer protection. For operators and investors, the regime is broadly positive: licensed platforms should gain credibility and easier institutional access, but smaller operators must budget for compliance work to avoid service interruptions. The announcement effectively starts a countdown for UK crypto businesses to prepare applications, shore up controls, and plan product timelines to avoid transitional constraints.