Crypto exchange Blockchain.com has secured registration with the Financial Conduct Authority, allowing it to offer crypto services in the UK under the regulator’s oversight.
The approval enables Blockchain.com to provide brokerage, custody and institutional crypto services, expanding its regulated footprint as the UK moves towards tighter supervision of digital assets.
“We've been part of the UK's tech landscape for over a decade,”
Said Blockchain.com chief executive, Peter Smith, highlighting the firm’s long-standing presence in the country.
The registration follows the company’s 2024 licensing under the EU’s Markets in Crypto-Assets framework, which permits operations across 30 European Economic Area countries.
Founded in York in 2011 before relocating to London, Blockchain.com said it has processed more than $1.2 trillion in transactions and served 90 million wallets globally.
The timing aligns with the UK’s plans to roll out a comprehensive crypto regulatory regime in 2027, with Blockchain.com intending to apply for full authorisation when applications open later this year.
The company has also been rumoured to be considering a future US listing via a special purpose acquisition company, as crypto firms increasingly explore public markets.