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UK crypto license? Registration with the FCA for carrying on cryptoasset activity

carlosbl

Member Plus
Oct 25, 2020
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www.qinvia.com
Hi to all,

Last year, the UK financial regulator (the Financial Conduct Authority, or the ‘FCA’ for short), introduced a requirement for all crypto businesses in the UK to register with the FCA to confirm that they comply with the UK’s money laundering regulations.

The FCA set a deadline of 10 January 2021 for all UK crypto businesses to be registered or they would need to stop offering crypto services.

Cryptoassets: AML/CTF regime: Register with the FCA

Do you have any experience with this topic? How much does it cost and how long does it take to get the registration?

With this registration, can a crypto exchange be conducted in the UK?

Thanks in advance.
 
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