How does the FCA's new crypto authorisation gateway affect XRP firms operating in the UK?
Confirmed Published 1 min read
Short answer
The FCA opened its authorisation gateway, so crypto firms can now apply for authorisation. Firms intending to keep operating in the UK should apply by February 28, 2027, ahead of the regime coming into force on October 25, 2027.
The full answer
What did FCA press release state?
On September 30, 2026, FCA press release stated the following. The FCA opened its authorisation gateway, so crypto firms can now apply for authorisation. Firms intending to keep operating in the UK should apply by February 28, 2027, ahead of the regime coming into force on October 25, 2027. [1]
The source’s own words: “From today, crypto firms can apply for authorisation from the FCA, marking a landmark moment as the UK takes a step closer towards becoming one of the most trusted places in the world to build and invest in cryptoasset businesses.” [1]
A second source, FCA press release, says: “Firms that intend to continue operating in the UK should apply by 28 February 2027, ahead of the new regime coming into force on 25 October 2027.” [2]
Where does this fit on the site?
For the wider picture, see How is XRP classified and regulated outside the US (EU, UK, Japan, Singapore, Canada)? and When must crypto firms apply to the FCA for authorisation under its new crypto rules?. Two related questions are What happened to the CLARITY Act, and does it affect XRP? and What has the Trump administration’s crypto policy actually done?
What we know
- The FCA opened its authorisation gateway, so crypto firms can now apply for authorisation. Firms intending to keep operating in the UK should apply by February 28, 2027, ahead of the regime coming into force on October 25, 2027 (FCA press release, September 30, 2026).
- FCA press release states, in its own words: “Firms that intend to continue operating in the UK should apply by 28 February 2027, ahead of the new regime coming into force on 25 October 2027.” (September 30, 2026).
In plain English
The FCA opened its authorisation gateway, so crypto firms can now apply for authorisation. Firms intending to keep operating in the UK should apply by February 28, 2027, ahead of the regime coming into force on October 25, 2027.
Sources
- FCA press release (fca.org.uk) — FCA press release, 2026-09-30 Primary
- FCA press release (fca.org.uk) — FCA press release, 2026-09-30 Primary
Update log
- — Published.
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