2 hours ago
The London-based institution elected to retreat its exertion for FCA licensing successful March 2022 having not won support up of an impending deadline.
Feb 10, 2026, 1:44 p.m.
Cryptocurrency speech and wallet supplier Blockchain.com has won regulatory support successful the U.K astir 4 years aft seemingly giving up.
Blockchain.com was added to the Financial Conduct Authority's (FCA) registry of licensed crypto companies connected Tuesday nether its trading sanction "BC Operations."
The London-based institution elected to retreat its exertion for FCA licensing successful March 2022 having not won support up of an impending deadline. Blockchain.com pivoted to its registered concern successful Lithuania.
Registration successful the U.K. allows Blockchain.com to transportation retired definite crypto-related activities successful the U.K. connected the ground that it complies with wealth laundering and counter-terrorist financing rules.
"Blockchain.com is present operating nether the aforesaid rigorous standards arsenic accepted concern and banks successful the U.K.," the institution said successful a station connected X connected Tuesday.
The FCA's crypto institution licensing regime, however, stops abbreviated of afloat fiscal services authorization — this is acceptable to beryllium introduced nether a caller licensing model taking effect from October adjacent year.
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