Blockchain.com gains FCA approval after MiCA license expansion
One of the oldest cryptocurrency platforms, Blockchain.com, has received registration from the UK Financial Conduct Authority (FCA), allowing it to provide brokerage, custodial, and institutional crypto services.
Founded in the United Kingdom in 2011 and operating in more than 70 jurisdictions, Blockchain.com has been registered with the FCA to conduct cryptoasset-related business.
In a statement published on Tuesday, the company said that FCA registration enables it to offer brokerage, custody, and institutional cryptocurrency services in the UK.
Expansion in the EU and at home
The approval follows Blockchain.com’s receipt of a MiCA (Markets in Crypto-Assets) license last year, which grants the company the right to operate across the European Economic Area, according to the statement.
“We aim to work closely with the FCA and UK policymakers to help shape a permanent regulatory framework, ensuring the UK maintains its global leadership in financial innovation,” said Blockchain.com founder and CEO Peter Smith.
While the registration allows Blockchain.com to expand its presence in the UK, The Block reports that the company is still working toward obtaining full authorization under the UK’s forthcoming permanent regulatory regime, which is expected to come into force in 2027.
As we wrote, Blockchain.com secures Malta MiCA license, appoints EU operations head
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