The UK Financial Conduct Authority has confirmed it will open a formal application window this month for crypto firms seeking authorization

UK crypto firms must reapply under new Financial Services and Markets Act rules
Existing AML registrations will NOT automatically convert
Firms that miss the window can only serve existing users and cannot onboard new customers
Full regulatory regime starts October 2027
FCA will prioritize stablecoin payments and market integrity

Major exchanges like Binance and Bybit operating in UK will need fresh approval
Non compliant firms may be forced to exit UK market in an orderly manner

Regulation is moving from gray zone to full licensing
Crypto firms must now meet stricter standards to operate in UK

#UK #FCA #CryptoRegulation #Binance #Bybit #Stablecoin #Compliance #CryptoNews
Coins $BTC $ETH