According to Mars Finance, the UK Financial Conduct Authority (FCA) has hinted that it will open the application channel for cryptocurrency licenses in September 2026. It is understood that cryptocurrency companies operating in or marketing in the UK will need to apply to the FCA for authorization or changes to their licenses under the Financial Services and Markets Act. The regulator stated that companies that miss the approval deadline will enter a transition period, allowing them to fulfill existing contracts but prohibiting the launch of new regulated cryptocurrency products.
UK regulators may open the application process for cryptocurrency licenses in September 2026.
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