Blockchain.com has received regulatory approval from the United Kingdom Government.
“…Blockchain.com now operates to the same rigorous standards as traditional banking and finance in the UK,” the company wrote in a statement. job on the social platform X on Tuesday (February 10).
By operating as an FCA-registered crypto assets business, we are doubling down on our commitment to security and transparency.
This solidifies our UK operations as we prepare for the next generation of financial innovation, including:
✅Propose the conservation of digital assets…
– Blockchain.com (@blockchain) February 10, 2026
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This came after the company was included in the Financial Conduct Authoritythe license register cryptocurrency businesses.
“By operating as an FCA-registered crypto assets business, we are doubling down on our commitment to security and transparency,” Blockchain.com said in the post.
Blockchain.com chose to withdraw its FCA license application in March 2022 after not to get approval ahead of looming deadline, CoinDesk reported Tuesday.
Registration in the United Kingdom let’s allow Blockchain.com carries out certain crypto-related activities in this country as long as it adheres to anti-money laundering and anti-terrorist financing rules, the report said.
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However, the FCA’s licensing system for crypto companies stops in the absence of a complete financial services authorization, something because to be included in a new licensing framework it’s planned has enter effective in October 2027, according to the report.
The FCA has started publishing information to help firms prepare for the new regulatory diet.
The new rules will “expand the FCA’s regulatory mandate to include protecting consumers from poor business practices, helping to build trust in the crypto sector and ensuring that businesses are operationally resilient and ready to fight crime,” PYMNTS reported on January 9. “Most of the proposed rules already apply to traditional financial companies.
The UK crypto industry supported the FCA’s decision last year to end its ban on offering exchange-traded crypto products to retail investors. Industry members have compared the move to the so-called “Big Bang” regulatory rollbacks that took place in the UK in 1986 and said it could pave the way for a “seismic displacement» in the acceptance and adoption of digital assets.
In other crypto news, the industry started to see investors turn their attention to prediction markets and AI companies. This shift is fueled in part by a decline in digital asset prices, with bitcoin falling by nearly half after its October peak, and altcoins losing up to 70% of their value over the past year.
