Altcoins News
By Jean-Luc Maracon
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Blockchain.com got the green light. The Financial Conduct Authority just approved the crypto firm's registration after nearly four years of being shut out of the UK market, and…
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The FCA added Blockchain.com to its official list of licensed crypto companies under the name "BC Operations" today.
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The company didn't waste time celebrating.
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"Securing this registration today puts us under active oversight immediately," Blockchain.com said in a statement.
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The FCA is rolling out a comprehensive crypto licensing framework starting October next year. That's when things get really serious for crypto firms operating in the UK.
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Not everyone's ready for what's coming. This follows earlier reporting on FCA Picks KPMG to Review Open.
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The FCA opened application opportunities this September for crypto firms planning to engage in regulated activities.
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Blockchain.com's move back into the UK regulatory environment comes as compliance becomes a bigger deal across the crypto industry.
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Other crypto firms are watching closely. The FCA's requirements could set precedents that influence how crypto companies worldwide approach compliance and regulatory engagement.
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The FCA has been pushing crypto firms to prepare for the new framework rolling out in October 2027.
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Blockchain.com is already exploring partnerships with UK-based financial institutions to leverage its newly secured regulatory status.
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But the regulatory environment keeps shifting. The FCA's upcoming licensing framework is part of a broader initiative to integrate crypto services more closely with traditional…
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Blockchain.com's registration gives the firm nearly two years to prepare for the bigger regulatory changes ahead.
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