Crypto Exchange Blockchain.com Obtains FCA Registration in UK

Cryptocurrency exchange Blockchain.com has obtained its registration with the UK regulator, the Financial Conduct Authority (FCA), allowing it to offer crypto services to customers in that country.

Blockchain.com can now provide brokerage, custody and institutional services within one of the strictest regulatory frameworks in the world. For users, this means more protection and monitoring of their funds.

Founded in the United Kingdom in 2011, Blockchain.com has processed over $1.2 trillion in crypto transactions and served 90 million wallets worldwide. The company started in York before moving to London, with the company’s CEO Peter Smith noting in a press release that “we have been part of the UK technology landscape for over a decade.”

The company did not immediately respond to a request for comment. Decrypt whether it would seek licenses in other regions.

The UK registration follows Blockchain.com’s MiCA license last year, which allows operations in all 30 countries of the European Economic Area. Together, these approvals position the company to serve key regulated markets.

FCA and crypto regulations

The timing is strategic, with the UK developing a comprehensive crypto regulation regime expected to launch in 2027. Blockchain.com plans to seek full authorization when applications open later this year, the company said.

The company is also rumored to be considering going public in the United States through a special purpose acquisition company, or SPAC. SPACs register their shares with the Securities and Exchange Commission to raise money and search for a target company. When a company is identified, the SPAC takes the company public by acquiring it.

If it succeeds in listing, it will be the latest of a handful of companies to go public since 2025, including issuer USDC Circle, crypto exchange Bullish and crypto-friendly trading platform eToro.