FCA Sets October 2027 Deadline for Crypto Firms to Comply with New Licensing Rules

The UK's Financial Conduct Authority (FCA) has set October 25th, 2027 as the deadline for cryptocurrency companies to comply with new licensing requirements.

The FCA will accept applications between September 30th, 2026 and February 28th, 2027. The new framework covers a broad range of areas, including stablecoin regulations and decentralized finance (DeFi) services, affecting market participants beyond just Bitcoin ($58,498.00). Even companies with existing anti-money laundering (AML) compliance will need to reapply under the new system.