Blockchain.com Secures FCA Crypto Registration in UK, Paving Way for Expansion

Cryptocurrency exchange and wallet provider Blockchain.com has successfully obtained registration from the UK's Financial Conduct Authority (FCA). This milestone comes nearly four years after the company initially withdrew its application from the regulatory process. The approval grants Blockchain.com permission to offer specific crypto asset services in compliance with the UK's money laundering regulations. This move signals a significant step in the company's growth strategy within a major global financial market. Industry experts view this development as a positive indicator of increasing regulatory clarity for crypto businesses operating in the United Kingdom. The registration is expected to enhance user trust and could lead to the introduction of new services for UK-based customers, strengthening Blockchain.com's position in the competitive fintech landscape.