FCA Sets September 2026 Start for UK Crypto Licensing Applications

FCA Sets September 2026 Start for UK Crypto Licensing Applications
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The FCA will launch applications for a license to deal in cryptocurrencies in September 2026.
The existing MLR registrations would not automatically qualify under the new system.
Companies that fail to meet this opportunity may find themselves limited regarding new cryptocurrency operations.

The financial authorities in the UK have put a timeline in place for a new licensing framework for crypto entities in the UK, and this signifies a major compliance change for digital entities in Britain. The Financial Conduct Authority has recently clarified the plans by digital entities to start applications for licensure in September 2026, before its launch in October 2027.
In a statement issued on Thursday, however, the FCA explained that crypto asset service providers (CASPs) must be ready to apply for full authorization before the new regime is implemented. “We anticipate that the application period is set to open in September 2026. We will provide more detailed dates nearer

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