UK Financial Conduct Authority to Open Crypto Asset Authorization Applications on September 30

According to Zumo CEO Nick Jones, the UK Financial Conduct Authority (FCA) will begin accepting crypto asset authorization applications on September 30. The new regulatory framework is expected to be fully implemented by October 2027. As the regulatory path becomes clearer, traditional financial institutions such as Hargreaves Lansdown are entering the crypto market, signaling a shift toward compliant operations in the UK.