Blockchain.com Secures UK FCA Approval for Crypto Services
Blockchain.com gains UK FCA registration alongside its EU MiCA license, expanding regulated crypto brokerage, custody, and institutional offerings across major financial markets.
Fact Check
The statement is strongly supported by multiple high-authority and highly relevant sources. A press release directly from Blockchain.com, which is a primary source, explicitly announces that it has secured registration with the UK's Financial Conduct Authority (FCA). This is corroborated by a report from a reputable crypto-focused publication and another financial news site, both of which confirm that Blockchain.com was added to the FCA's registry of licensed crypto companies. There is no conflicting information among the provided sources. The two sources with low relevance provide general context on UK crypto regulations but do not contradict the specific claim about Blockchain.com. The consistency and high credibility of the supporting evidence make the statement highly likely to be true.
Summary
Blockchain.com announced FCA registration for its UK entity, enabling it to provide crypto brokerage, custody, and institutional services under compliance rules. The approval comes after the firm obtained an EU MiCA license in 2024 to operate across 30 EEA countries, significantly strengthening its position in major regulated markets. FCA licensing subjects Blockchain.com to UK anti-money laundering and counter-terrorist financing requirements while allowing it to expand its services to institutional and retail clients.
Terms & Concepts
- Financial Conduct Authority (FCA): UK regulatory body overseeing financial markets and consumer protection.
- Crypto company licensing: Regulatory approval allowing firms to perform specified cryptocurrency activities under compliance requirements such as AML and CTF rules.
- MiCA License: Authorization under the EU’s Markets in Crypto-Assets regulation, permitting crypto firms to operate across all EU and EEA member states.