New updates have been reported about Blockchain.com.
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Blockchain.com has secured registration with the UK Financial Conduct Authority as a cryptoasset business, a move that formally anchors its operations in one of the world’s most stringent regulatory environments and unlocks compliant growth in its home market. The approval allows the London‑headquartered firm to provide brokerage, custodial, and institutional‑grade crypto services across the UK under the FCA’s existing regime while positioning the company for the country’s coming permanent rules.
CEO and founder Peter Smith framed the registration as a strategic inflection point, emphasizing Blockchain.com’s British origins and its intent to work closely with regulators as the UK finalizes its digital asset framework. The company plans to apply for full authorization under the new regime once the gateway opens later this year, targeting full authorisation when the rules are expected to take effect in 2027.
The FCA registration follows Blockchain.com’s MiCA license obtained last year, which permits it to passport crypto services throughout all 30 European Economic Area countries under a unified regulatory structure. Together, the UK and EEA approvals give the company a coherent, regulated footprint across key European markets, supporting cross‑border institutional engagement and product expansion.
Operationally, the authorization will support an expanded suite of offerings for UK clients, including digital asset custody and wallet services, enhanced brokerage access in line with FCA standards, and enterprise‑grade compliance and treasury tools for institutions. It also strengthens Blockchain.com’s ability to pursue partnerships with banks and other regulated financial intermediaries that require clear regulatory status from crypto counterparties.
Co‑founder Nic Cary said the registration demonstrates the firm’s long‑term commitment to building within established regulatory systems, highlighting its decade‑plus track record and the depth of its UK talent base. For executives and investors, the milestone reduces regulatory risk around UK operations, aligns the business with evolving European policy, and supports Blockchain.com’s ambition to leverage its presence in more than 70 jurisdictions and its history of processing over $1.2 trillion in transactions to capture the next wave of institutional and retail demand for digital assets.