UK crypto regulation enters implementation phase, FCA to open crypto asset authorization applications on September 30

Odaily: Nick Jones, founder and CEO of Zumo, stated that the UK Financial Conduct Authority (FCA) will open the crypto asset authorization application window on September 30, with the new regulatory framework expected to be officially implemented in October 2027. As the regulatory path becomes clearer, traditional financial institutions such as Hargreaves Lansdown, the UK's largest retail investment platform, are beginning to enter the crypto market, and the UK crypto industry will gradually shift toward compliant operations.