UK FCA Warns Crypto Apps May Need Licenses When Algorithms Route Trades
Key Highlights The UK Financial Conduct Authority (FCA) is consulting on a technical-services exemption ahead of the comprehensive crypto regime set to take effect on Oct. 25, 2027. DeFi trading aggregators and interfaces that route trades, evaluate liquidity, or automate execution decisions could be classified as regulated activities requiring licensing. Firms seeking transitional relief must ...