Blockchain.com Obtained UK FCA registration, expanding regulated encryption services

This article is machine translated
Show original

According to a report by PRNewswire on February 10th, Blockchain.com has officially obtained registration for its crypto asset business with the UK Financial Conduct Authority (FCA). Originating in York, UK, Blockchain.com has been TechFlow involved in the UK crypto ecosystem for over a decade. This registration enables the company to compliantly offer brokerage, custody, and institutional-grade crypto services within the UK.

This milestone follows the company's acquisition of a license under the Crypto Asset Markets Regulatory Act (MiCA) last year, which allows it to offer crypto services in 30 European Economic Area countries. Blockchain.com plans to apply for full authorization later this year, with the goal of obtaining full authorization when the new permanent regulatory regime comes into effect in 2027.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments