TechFlow reported on January 9 that, according to Cointelegraph, the UK Financial Conduct Authority (FCA) announced it will open applications for cryptocurrency licensing in September 2026. The new crypto regulatory framework is expected to take effect on October 25, 2027. All firms offering regulated crypto asset services must be authorized under the Financial Services and Markets Act, including currently registered firms. The FCA emphasized that existing registrations will not be automatically converted, and companies must submit their applications within the designated window period; otherwise, they will face restrictions on new services.
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