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Blockchain.com secures FCA registration to operate crypto asset business in UK

The Block
Blockchain.com received UK's Financial Conduct Authority registration to offer regulated crypto asset services.

Summary

Blockchain.com, founded in the UK over a decade ago, has successfully obtained registration from the Financial Conduct Authority (FCA) to operate as a crypto asset business in the country. This registration permits the company to offer brokerage, custodial, and institutional-grade crypto services in the UK, complementing its existing Markets in Crypto-Assets (MiCA) license for the European Economic Area. Blockchain.com CEO Peter Smith expressed commitment to collaborating with the FCA on the permanent regulatory framework. While this registration expands their UK presence, the company is still pursuing full authorization under the permanent regime expected by 2027. Blockchain.com currently operates in over 70 jurisdictions globally.

(Source:The Block)