Blockchain.com gains FCA approval to offer regulated crypto services in the UK
Summary
Blockchain.com has officially registered with the UK Financial Conduct Authority (FCA) as a crypto asset business, allowing it to offer regulated brokerage, custodial, and institutional-grade crypto services across the United Kingdom. The London-based firm, founded in the UK in 2011, stated its commitment to working with the FCA to shape the upcoming permanent regulatory regime expected in 2027. This registration follows its 2023 approval under the EU's MiCA framework. Blockchain.com plans to seek full authorization later this year and will now offer FCA-compliant services, including digital asset custody and institutional tools, building on its history of serving over 90 million wallets globally.
(Source:Crypto Briefing)