When is UK crypto licensing gateway?

TLDR

The UK Financial Conduct Authority expects the crypto licensing application gateway to open in September 2026. See the timeline in this report.

1. Full regime is slated to start on 25 Oct 2027, following the gateway phase outlined here.
2. The application window will last at least 28 days and close no later than 28 days before go?live, per a regulatory update.
3. Existing AML or payments registrations will not carry over. Firms must obtain FSMA authorisation, as noted in the FCA coverage.

Deep Dive

1. Timing

The FCA signalled it expects to open a formal application gateway in September 2026, ahead of the UKs new cryptoasset regime taking effect on 25 Oct 2027. The date will be confirmed in due course, but the sequencing is clear in the coverage.

2. Window Mechanics

The authorisation window will be limited. It will run for at least 28 days and must close no later than 28 days before the regime starts. Applications filed in this window are expected to be decided before go?live, according to the regulatory update. Transitional and saving provision measures allow firms with pending decisions to continue existing services, but late applicants face restrictions.

3. Who Must Apply

All cryptoasset service providers that want to conduct regulated activities in the UK must secure authorisation under the Financial Services and Markets Act. Existing registrations under AML, payments, or e?money regimes will not automatically convert, so firms must reapply or vary permissions as needed. This requirement is highlighted in the FCA coverage.

Conclusion

The UKs crypto licensing gateway is expected in September 2026, with the full regime targeted for 25 Oct 2027. The window is short and non?automatic, so firms should plan submissions early to avoid transitional limits on new services.