Blockchain.com Secures UK’s FCA Approval After Four-Year Wait

Blockchain.com has finally secured formal approval from the United Kingdom’s Financial Conduct Authority (FCA) to operate as a regulated crypto asset business in the UK. The milestone comes after years of regulatory uncertainty, signalling fresh momentum for the company. 

With this registration, Blockchain.com can now offer compliant crypto services, including brokerage and custodial solutions, under one of the world’s most respected financial authorities.

Blockchain.com Gains UK’s Approval 

For years, the UK’s approach to crypto regulation has been cautious. Many firms struggled to complete the lengthy FCA registration process, and some chose to shift base to other jurisdictions due to unclear requirements. However, Blockchain.com persevered; thus, its success highlights progress in the regulatory environment. It also offers a hopeful signal that other major players might also secure formal approval.

Furthermore, the approval strengthens the company’s home‑market presence, more than a decade after it was founded in the UK. With this step, Blockchain.com joins a growing list of licensed crypto firms operating openly and transparently in the UK. 

Moreover, this move aligns with the company’s broader strategy of regulatory compliance in key markets. Last year, it received MiCA (Markets in Crypto‑Assets) licensing in the European Economic Area. Notably, Blockchain.com plans to apply for full authorization under the UK’s permanent crypto regulatory framework. The rules are expected to take effect in 2027.

Executives Highlight UK Growth and Compliance

In a statement, Blockchain.com’s leadership emphasized its commitment to working closely with the FCA. They said the approval validates years of effort and reflects a commitment to responsible growth within a regulated framework.

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

Overall, the approval means Blockchain.com can now serve UK customers with a full suite of regulated services. The regulatory clarity could also help unlock broader adoption among British investors who have been wary of unregulated platforms.

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