Regulation· ★★★★· neutral·

UK's FCA says crypto apps may need licenses when algorithms choose trade routes

  • —Draft guidance published Oct. 21; feedback open until Nov. 18
  • —UK crypto licensing regime takes effect Oct. 25, 2027
  • —Transitional applications run from Sept. 30, 2026 to Feb. 28, 2027
  • —Final guidance targeted for January 2027, though the paper cites spring 2027
Why it matters: DeFi aggregators and automated trading interfaces may face licensing, with application deadlines tightening ahead of February 2027.
Source: CryptoSlate