Regulatory notes
The three readiness checklists — Kenya, Brazil, United Kingdom
Rule-referenced readiness checklists for the Kenya VASP regime, Brazil PSAV authorisation and the FCA cryptoasset gateway. What each covers, and what it costs.
The audited accounts dependency that decides your filing date
The FCA fixed overheads requirement runs off prior-year audited expenditure. What is deductible, when the FOR overtakes the PMR, and the audit myth.
What the FCA expects in a cryptoasset wind-down plan
The application form never says wind-down plan. CRYPTOPRU 7.2.6R does. Where the UK crypto wind-down obligation actually sits, and what it costs.
It is nine written policies, not four: Kenya VASP reg. 6(2)(f)
The four-policy list circulating for Kenya VASP applications comes from the March 2026 draft. Legal Notice 134 reg. 6(2)(f) lists nine, and the list is open.
What I do, and what it costs
Readiness checklists, full gap analysis, drafted policy sets, regulatory monitoring, white-label licensing and an API. Kenya, Brazil and the United Kingdom.
The seven cryptoasset activity heads, and why the article numbers matter
SI 2026/102 inserted seven cryptoasset activities into the Regulated Activities Order at articles 9M to 9Z11. Why the article numbers matter.
The FCA cryptoasset application fee has not been published yet
PS26/14 deferred the FCA cryptoasset application fee to the September 2026 Handbook Notice. The GBP 11,260 figure is the MLR fee, not the FSMA one.
Eight reasons FCA cryptoasset applications get sent back
The FCA has published its own diagnosis of poor-quality cryptoasset applications. Eight failure modes, in the regulator words, and what a good file looks like.
What capital you need for FCA cryptoasset authorisation, by activity
PS26/12 fixed the permanent minimum requirement per cryptoasset activity: GBP 75,000 to GBP 750,000, with no transitional relief.
Regulation 53 and 56: what happens if you file late, or not at all
Regulation 53 lets a firm with an undetermined application keep trading. Regulation 56 is run-off: pre-existing contracts only, no new UK customers.
SM&CR for cryptoasset firms: you are almost certainly a Core firm
PS26/13 applies SM&CR in full to cryptoasset firms from October 2027. Enhanced thresholds are GBP 100bn and GBP 20bn, so almost every firm is Core.
Every crypto licensing deadline you need to hit in 2026
Brazil 30 Oct, Kenya 4 Nov, UK gateway 30 Sep 2026 to 28 Feb 2027. The 2026 crypto licensing deadlines and the rule behind each one.
Kenya stablecoin issuer licence: the KES 300m question
Kenya stablecoin issuers face KES 300m paid-up capital under LN 134, full reserve backing and a 30% local holding rule. Deadline 4 November 2026.
Article 9N vs article 40: are you in scope of the UK crypto regime?
Article 9N covers crypto safeguarding; SI 2026/102 narrows article 40 to exclude cryptoassets. The UK custody perimeter, exclusions and reach.
Brazil's VASP capital formula: R$10.8m to R$37.2m, explained
Brazil's VASP minimum capital runs from R$10.8m to R$37.2m. How the BCB cost and activity parcels build that number, and what to verify.
Kenya VASP capital requirements 2026: the full LN 134 table
Kenya's VASP capital table under Legal Notice 134: KES 300m for stablecoin issuers down to nil for advisers, plus who regulates what.
Why your FCA MLR registration will not carry over to FSMA
The FCA has confirmed there is no automatic conversion from MLR registration to FSMA authorisation. What UK crypto firms must do, and by when.
Brazil's 30 October 2026 VASP cut-off
Brazil VASP transition closes 30 October 2026: what existing providers must file with the BCB, and what happens on the day if they have not.
CBK vs CMA: which regulator licenses your Kenyan crypto business?
Kenya splits VASP supervision between the CBK and the CMA. Which regulator licenses you decides your capital figure. Deadline: 4 November 2026.
The FCA FSMA cryptoasset gateway (opens 30 September 2026)
The FCA cryptoasset gateway opens 30 September 2026 and closes 28 February 2027. The FSMA regime begins 25 October 2027. MLR does not convert.
Brazil VASP authorisation under IN BCB 704: the two-phase process
How existing and new virtual-asset providers apply to the Banco Central under Instrução Normativa BCB 704, and why the 30 October 2026 deadline is fixed.
Kenya's 4 November 2026 VASP deadline, explained
Existing virtual-asset providers in Kenya must be licensed by 4 November 2026 under Legal Notice 134. There is no transitional relief — here is what to settle before the window opens.
Get the note when something actually changes
The UK gateway, Kenya's VASP Act and Brazil's BCB regime. Only when a rule, date or figure moves — and primary sources are always marked separately from press reporting.