UK's Crypto Companies Face New Rules and Deadlines

The UK is shaking things up for crypto companies. Starting this autumn, these companies will need to apply for a special license. This is part of a new rule that will fully kick in by October 2027. Not all companies will get a free pass. Those already registered under old rules will have to apply again. The UK's financial watchdog, the FCA, made it clear: no automatic approvals. Everyone must go through the new process.Some companies might face delays or restrictions. The FCA has set a strict timeline for applications. Miss the window, and you might have to wait longer. Or worse, you could face limits on what you can offer. This isn't just about new companies. Even those already working with the FCA will need to update their permissions. And if you rely on another company to promote your products, you'll need direct approval from the FCA. This new rule is a big deal. It shows the UK is serious about regulating crypto. But it also means crypto companies have a lot of work ahead. They need to act fast and follow the new rules carefully.