Svmuu News: The UK’s Financial Conduct Authority (FCA) has issued a notice stating that UK crypto-asset service providers must obtain full authorization before the new regulations take effect in October 2027. The FCA expects the application period to begin in September 2026, and all companies providing regulated crypto services in the UK will be required to obtain authorization under the Financial Services and Markets Act. Entities currently registered under anti-money laundering regulations will not automatically transition to this new status and will still need to reapply for authorization. Companies that fail to apply on time will face transitional restrictions once the new rules take effect, allowing them to continue offering only existing products and prohibiting the launch of new business activities.