The UK Financial Conduct Authority (FCA) has established a timeline for its new cryptocurrency licensing regime, with a focus on compliance with the Crypto-Asset Travel Rule (CFT). The application window for Crypto-Asset Service Providers (CASPs) will open in September 2026, and final decisions will be made before the framework becomes effective on October 25, 2027. Firms must apply under the Financial Services and Markets Act (FSMA) to operate legally. A transitional period will allow ongoing o