The UK's FCA is making moves on crypto regulation. New authorization rules are rolling out—crypto firms need to reapply by September 2026, with full compliance kicking in by October 2027. It's a pretty clear signal: the regulator is tightening the reins and demanding a more structured approach to how digital asset businesses operate. This framework shift matters for anyone trading or operating in the space—expect stricter requirements around compliance, reporting, and operational standards. The two-phase timeline gives firms breathing room but also sets hard deadlines. Whether this becomes a template for other regulators remains to be seen, but it's definitely raising the bar for industry professionalism.