Blockchain.com has officially registered with the UK Financial Conduct Authority (FCA) to operate as a crypto asset business, the company announced today.
The milestone allows the firm to provide brokerage, custodial, and institutional-grade crypto services across the UK under one of the world’s most stringent regulatory frameworks.
Founded in the UK in 2011, Blockchain.com has been a core part of the country’s crypto ecosystem for over a decade.
CEO Peter Smith said the company was “committed to working hand-in-hand with the FCA and UK policymakers” to help shape the upcoming permanent regulatory regime, which is expected to go into effect in 2027.
The registration follows Blockchain.com’s 2023 approval under the EU’s Markets in Crypto-Assets (MiCA) framework, giving it the ability to operate across all 30 European Economic Area countries under a unified license.
Co-founder Nic Cary said the UK registration “reflects a long-term commitment to building responsibly within one of the world’s most respected regulatory environments.”
Blockchain.com plans to apply for the UK’s full authorisation gateway later this year as part of the transition to the new regime. The company will now offer FCA-compliant services, including digital asset custody, wallet products, institutional compliance tools, and brokerage access.
To date, Blockchain.com has served more than 90 million wallets and processed over $1.2 trillion in crypto transactions.
Source: https://cryptobriefing.com/fca-crypto-registration-uk-expansion/
