The Financial Conduct Authority just dropped important guidance on its brand new rules for crypto firms.
Applications for official permission open on 30 September this year. The full set of rules will start working on 25 October 2027.
Firms that deal with stablecoins trading platforms custody of crypto or staking will need to get authorised.
Even some overseas companies that serve UK retail customers must apply. If you apply inside the window you can keep running while they check your papers
This is a big step for making crypto safer and more trusted in the UK
what you think about this? don't forget to comment 💭
Follow for more content 🙂
Applications for official permission open on 30 September this year. The full set of rules will start working on 25 October 2027.
Firms that deal with stablecoins trading platforms custody of crypto or staking will need to get authorised.
Even some overseas companies that serve UK retail customers must apply. If you apply inside the window you can keep running while they check your papers
This is a big step for making crypto safer and more trusted in the UK
what you think about this? don't forget to comment 💭
Follow for more content 🙂
