TechOffshore crypto firms serving UK users may need FCA approval under 2027 rules
CryptoSlate reports that overseas exchanges, custodians and staking providers may need FCA approval from October 25, 2027, depending on how UK users access their services.
TLDR
CryptoSlate reports that the FCA says offshore crypto firms can fall under UK authorization rules if they serve British consumers. From October 25, 2027, exchanges, custodians and staking providers may need approval depending on how UK users access their services—even if the company is based overseas.
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Offshore crypto firms serving UK users may need FCA approval under 2027 rules
CryptoSlate reports that overseas exchanges, custodians and staking providers may need FCA approval from October 25, 2027, depending on how UK users access their services.
TLDR
CryptoSlate reports that the FCA says offshore crypto firms can fall under UK authorization rules if they serve British consumers. From October 25, 2027, exchanges, custodians and staking providers may need approval depending on how UK users access their services—even if the company is based overseas.