The UK's Financial Conduct Authority (FCA) has entered the final stage of its consultation on crypto asset regulation, focusing on how the "Consumer Duty" rules will apply to crypto companies. The FCA has released a final consultation document, with feedback due by March 12. The authority plans to open the application window for crypto business licenses in September 2026. All entities providing crypto services in the UK, including those already registered under anti-money laundering regulations, must obtain formal authorization by October 2027.