[The UK Crypto Regulation Enters Implementation Phase, Market Shifts from "Offshore Era" to Compliance Competition] BlockBeats News, September 12: According to a report by the *Financial Times*, the UK crypto industry is entering the regulatory implementation phase. Zumo founder and CEO Nick Jones stated that the UK Financial Conduct Authority (FCA) will open the application window for crypto asset authorization on September 30, with the new regulatory framework expected to be officially implemented in October 2027. He noted that for a long time, regulatory uncertainty and counterparty risks have made financial institutions cautious about the UK crypto market, rather than a lack of interest in digital assets. With the regulatory path becoming clearer, traditional financial institutions such as the UK's largest retail investment platform, Hargreaves Lansdown, are beginning to enter the crypto market. The industry will gradually move away from offshore operations, startup-style business processes, and unregulated models, while the importance of compliant infrastructure and local service providers will further increase. [Original Link]