UK's Crypto Companies Face New Rules and Deadlines

Starting this autumn, crypto companies in the UK will need to apply for a special license. This is part of a new rule that will fully come into effect by October 2027.

No Automatic Approvals

• Companies already registered under old rules must reapply.
• The FCA (Financial Conduct Authority) has made it clear: no automatic approvals.
• Everyone must go through the new process.

Strict Timeline & Potential Delays

• Some companies may face delays or restrictions.
• The FCA has set a strict timeline for applications.
• Miss the window? You might have to wait longer or face limits on services.

Existing Companies Must Update Permissions

• Even those already working with the FCA must update their permissions.
• If you rely on another company to promote your products, you need direct FCA approval.

A Major Shift in Crypto Regulation

• This new rule shows the UK is serious about regulating crypto.
• Crypto companies have a lot of work ahead.
• Act fast and follow the new rules carefully.