Blockchain.com Secures FCA Registration To Operate Crypto Business In UK

Blockchain.com has been registered with the UK Financial Conduct Authority (FCA) to operate as a crypto asset business, marking a significant regulatory milestone for the London-headquartered firm that was founded in York over a decade ago.
 

The registration enables Blockchain.com to deliver brokerage, custodial, and institutional-grade crypto services across the UK in compliance with British financial regulations. The company has spent over a decade in the British crypto ecosystem as both a service provider and an active investor.
 

Peter Smith, CEO, Founder and Executive Chairman, Blockchain.com

Peter Smith, CEO, Founder and Executive Chairman, Blockchain.com said:

"Blockchain.com is a company with deep British roots. We started this journey in York and grew it in London. We've been part of the UK's tech landscape for over a decade, and we've always believed in the importance of getting this right. We are committed to working hand-in-hand with the FCA and UK policymakers as they shape the permanent regulatory framework, ensuring the UK remains a global leader in financial innovation," 
 

The development follows Blockchain.com securing its MiCA (Markets in Crypto-Assets) licence last year, which allows the company to provide crypto services across all 30 European Economic Area (EEA) countries under one unified regulatory framework.
 

Nic Cary, Co-founder and Vice Chairman, Blockchain.com

Nic Cary, Co-founder and Vice Chairman, Blockchain.com commented:

"As one of the longest-running crypto companies in the world, this registration reflects a long-term commitment to building responsibly within one of the world's most respected regulatory environments. We're proud of the talent we've built here and look forward to continuing to work in close partnership with UK regulators as the sector evolves," 
 

The registration comes as the UK government and the FCA develop their comprehensive regulatory regime. Blockchain.com intends to apply for authorisation when the gateway opens later this year, with the goal of securing full authorisation under the new permanent regime when it takes effect in 2027.
 

The regulatory milestone builds on Blockchain.com's presence across more than 70 jurisdictions worldwide. The company's UK operations will include offering digital asset custody and wallet services to UK customers, supporting enterprise-grade compliance and treasury tools for institutions, expanding access to brokerage services in alignment with FCA standards, and strengthening partnership potential with regulated financial entities in the UK.
 

Since 2011, Blockchain.com has processed over $1.2 trillion in crypto transactions and served more than 90 million wallets globally.
 

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