FinTechUK.com
Welcome to www.fintechuk.com
  • Home
  • BREXIT & FINTECH
  • Fintech News
  • CRYPTO
  • Events
  • Contact Us

ABEX Capital UK Limited assumes crypto registration of Rubicon Digital in the UK (Version 10.0)

12/9/2024

0 Comments

 
Picture
Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.


Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.​

​Welcome to the version 10.0 of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

How many registered cryptoasset firms are there in the UK?
There remains 44 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at 12th September 2024.  There has been now increase in numbers since version 9.0 was issued on 27th February 2024.

Version 10 of the Map is issued to recognised that ABEC Capital UK Limited now operates under the registration originally issued to Rubicon Digital UK Limited back 7 April 2022. On 28th August 2024, ABEX Capital UK Limited announced that it became authorised as a cryptobusiness in the UK.  Companies House records for ABEX record a change of name on 27 August 2024 from Rubicon. 

ABEX says: "
This strategic move enables ABEX to expand its services beyond providing innovative solutions based on advanced proprietary execution algorithms, smart order routing, and ultra-low latency, and high frequency trading infrastructure. ABEX Capital UK Limited which will operate under the supervision of the FCA, one of the world’s most trusted financial regulators, will allow ABEX to broaden its institutional client service offerings to include agency algorithms on a matched principal basis."

Erkan Kaya, CEO and Co-Founder of ABEX, stated: “Owning an FCA registered entity is an exciting milestone for ABEX, reinforcing our commitment to delivering institutional-grade, best execution services for digital assets under regulatory supervision. This status aligns seamlessly with our strategic vision of not only servicing our institutional clients in a transparent and fully auditable fashion but doing so to standards which meet the requirements of a major regulator.”.

ABEX, is a leading provider of agency algorithms and ultra-low latency, high frequency trading infrastructure for digital assets.
Picture
How many unregistered crypto firms appear on the FCA register?
There are now, as at 12 September 2024, 44 'unregistered cryptoasset firms according to the latest FCA records.  This is sharp decline since the time we published the Version 9.0 Map when there were 69.

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.
0 Comments

Portofino Technologies UK & BNXA UK VASP join Fintech UK's "Who's Who of UK Registered Cryptoasset Map" Version 9.0  27th February 2024

26/3/2024

0 Comments

 
Picture
​Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.


Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.​
​Welcome to the version 9.0 of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

How many registered cryptoasset firms are there in the UK?
There are now 44 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at 27th February 2024. The last firm registered was on that date.  Since the start of 2024 one firm has been de-registered.

Joining Version 9.0 of the Map are Portofino Technologies UK Limited (27 February 2024) and BNXA UK VASP Limited (09 February 2024) have been registered by the UK FCA
Three cryptoasset firms lost their registration in 2023 and 2024, these are:

(1) BottlePay Limited originally registered on 17 December 2021 which closed its app to UK customers on 24th July 2023; 
(2) Digivault Limited originally registered on 12 May 2021 which went into insolvency administration on 19 April 2023; 
(3) Genesis Custody Limited originally registered on 20 December 2021. There is no information nreadily available from the UK as to the date it was de-registered, but it happened sometime between the release of Version 8.0 of the Map on 27 January 2024 and today (26 March 2024).  When search for its deregistration date a google snippet returns "This firm can no longer provide regulated activities and products, but previously was authorised by the FCA and/or PRA. Firms we regulate may also carry out activities that are not regulated by either the FCA or the Prudential Regulation Authority (PRA)".  No doubt connected to the Chapter 11 proceedings in the USA. 
How many unregistered crypto firms appear on the FCA register?
There are now, as at 27 March 2024, 69 'unregistered cryptoasset firms according to the latest FCA records.  Now while this is steady since the publication of the Version 8.0 Map, two new companies now appear on the unregistered list, being:



The number of 69 unregistered firms is a significant reduction since the time we released Version 1 when there were 218 (thereabouts) unregistered cryptoasset business that appeared to the FCA to be carrying on cryptoasset activity but not registered with the FCA for anti-money laundering purposes.  

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.
Picture
Which businesses are registered by the UK FCA as cryptoasset firms?

The firms thus far registered by the FCA include:

2024: BNXA UK VASP Limited and Portofino Technologies UK Limited 

2023: 
Interactive Brokers (U.K.) Limited, Bitstamp UK Limited, Komainu UK Limited and PayPal UK Limited

2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd,  Zodia Markets (UK) Limited, Foris DAX UK Ltd (aka Crypto.com), Revolut Ltd**, Tullett Preborn (Europe) Ltd, MoonPay (UK) Ltd and Hidden Road Partners CIV UK Ltd.

2021: Fibermode Limited, Zodia Custody Limited, Ramp Swaps Limited, Solidi Ltd, OANDA Coinpass limited (formerly Coinpass Limited), CoinJar UK Limited, Trustology Limited, Commercial Rapid Payment Technologies Limited, Iconomi Ltd, Skrill Limited, Paysafe Financial Services Limited, Crypto Facilities Ltd, Fidelity Digital Assets LTD, Payward Limited, Galaxy Digital UK Limited, BABB Platform Ltd, BCP Technologies Limited, Zumo Financial Services Limited, Baanx.com Ltd, Bottlepay Ltd [closed July 2023]*, Genesis Custody Limited [deregistered 16 February 2024 thereabouts]* and Clear Junction Digital Limited, (formerly Altalix Ltd). 

2020: Archax Ltd, Gemini Europe Ltd, Gemini Europe Services Ltd, Ziglu Limited and Digivault Limited [insolvency 19 April 2023]*. 

*= deregistered cryptoasset firms


** Revolut group still has not achieved its much talked about ambition of securing a bank authorisation in the UK.  ​

We are looking forward to seeing how many more will be registered during 2024. 
Picture
The post accompanying Version 9 appears at:
  • ​CompliReg: https://complireg.com/blogs--insights.html​
  • Linkedin: https://www.linkedin.com/posts/peteroakes_cryptoasset-digitalasset-cryptoasset-activity-7178473869693906945-QvaK

Further Reading:
  • Version 1 of the Map and the Blog of 20 December 2021 - located here
  • Version 2 of the Map and the Blog of 18 July 2022 - located here 
  • Version 3 of the Map and the Blog of 28 July 2022 - located here
  • Version 4 of the Map and the Blog of 20 September 2022 - located here
  • Version 5 of the Map and the Blog of 26 September 2022 - located here
  • Version 6 of the Map and the Blog of 1 April 2023 - located here
  • Version 7 of the Map and the Blog of 10 October 2023 - located here
  • Version 8 of the Map and the Blog of 27 January 2024 - located here
  • List of ​Unregistered Cryptoasset Businesses as of today - located here
  • Letter issued by UK FCA on 5 April 2023 to UK and overseas cryptoasset firms on financial promotion rules - located here
  • Financial Conduct Authority, has issued 146 alerts in first 24 hours of new crypto marketing regime as at 10 October 2023 - located here.
  • UK crypto regulation is 'catching up' to other markets while maintaining 'bottom-up' benefits (US helped ‘soften’ FCA)​ - located here.
0 Comments

Tullett Prebon, MoonPay and HiddenRoad join Fintech UK's Who's Who of UK Registered Cryptoasset Map Version 6.0  Saturday 1st April 2023

1/4/2023

0 Comments

 
Picture
Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.

Hope you like the Map (Version 6.0)!

Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.​
Welcome to the version 6.0 of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

There are now 41 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at Saturday 31st December 2022.  Joining Version 6.0 are three new entrants - Tullett Preborn (Europe) Ltd, MoonPay (UK) Ltd and Hidden Road Partners CIV UK Ltd.    The FCA register records their registrations effective 21st November, 9th December and 20 December 2022, respectively.

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.

At the time we released Version 1, there were 218 (thereabouts) unregistered cryptoasset business listed on the UK FCA's website that appear, to the FCA, to be carrying on cryptoasset activity, that are not registered with the FCA for anti-money laundering purposes.  As of today (01 April 2023), that number has decreased to 82.  


The firms thus far registered by the FCA include:

2020: Archax Ltd, Gemini Europe Ltd, Gemini Europe Services Ltd, Ziglu Limited, Digivault Limited, 

2021: Fibermode Limited, Zodia Custody Limited, Ramp Swaps Limited, Solidi Ltd, Coinpass Limited, CoinJar UK Limited, Trustology Limited, Commercial Rapid Payment Technologies Limited, Iconomi Ltd, Skrill Limited, Paysafe Financial Services Limited, Crypto Facilities Ltd, Fidelity Digital Assets LTD, Payward Limited, Galaxy Digital UK Limited, BABB Platform Ltd, BCP Technologies Limited, Zumo Financial Services Limited, Baanx.com Ltd, Bottlepay Ltd, Genesis Custody Limited, Altalix Ltd, 

2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd,  Zodia Markets (UK) Limited, Foris DAX UK Ltd (aka Crypto.com), Revolut Ltd*, 
Tullett Preborn (Europe) Ltd, MoonPay (UK) Ltd and Hidden Road Partners CIV UK Ltd.

* Revolut group still has not achieved its much talked about ambition of securing a bank authorisation in the UK.  ​

We are looking forward to seeing how many more will be registered during 2023.  Thus far, there have been no registrations in 2023.

The post accompanying Version 6 appears at:
  • ​CompliReg: https://complireg.com/blogs--insights/tullett-prebon-moonpay-and-hiddenroad-join-fintech-uks-whos-who-of-uk-registered-cryptoasset-map-version-60-saturday-1st-april-2023​
  • Linkedin: https://www.linkedin.com/posts/peteroakes_cryptoasset-cryptomap-cryptofirms-activity-7048281954894368768-VbNC?utm_source=share&utm_medium=member_desktop

​
Further Reading:

Version 1 of the Map and the Blog of 20 December 2021 - located here

Version 2 of the Map and the Blog of 18 July 2022 - located here 

Version 3 of the Map and the Blog of 28 July 2022 - located here

Version 4 of the Map and the Blog of 20 September 2022 - located here

Version 5 of the Map and the Blog of 26 September 2022 - located here

List of ​Unregistered Cryptoasset Businesses as of today - located here

Postscript - Letter issued by UK FCA on 5 April 2023 to UK and overseas cryptoasset firms on financial promotion rules - located here
0 Comments

Revolut (finally) joins the UK Registered Cryptoasset Map Version 5.0  Monday 26th September 2022

26/9/2022

0 Comments

 
Picture
Click Image for Larger Version
Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.

Hope you like the Map (Version 5.0)!
Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.​
Welcome to the version 5.0 of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

There are now 38 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at Tuesday 16th August 2022.  Welcome to Revolut.    The FCA register records Revolut Ltd  registration effective 26th September 2022.  Did you know that Martin Gilbert is Chairman of Revolut Ltd.  He is the Chairman of AssetCo plc which is authorised by the FCA.

Revolut has had quite a journey to be come a FCA registered cryptoasset firm.  As far as we can tell, while other smaller and less resourced crypto firms were getting through the FCA process, Revolut Ltd sat on the Temporary Permission list since at least from December 2021.  But all is well that ends well, right?



As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.

At the time we released Version 1, there were 218 (thereabouts) unregistered cryptoasset business listed on the UK FCA's website that appear, to the FCA, to be carrying on cryptoasset activity, that are not registered with the FCA for anti-money laundering purposes.  As of today (26 September 2022), that number is steady at 246.  


The firms thus far registered by the FCA include:

2020: Archax Ltd, Gemini Europe Ltd, Gemini Europe Services Ltd, Ziglu Limited, Digivault Limited, 

2021: Fibermode Limited, Zodia Custody Limited, Ramp Swaps Limited, Solidi Ltd, Coinpass Limited, CoinJar UK Limited, Trustology Limited, Commercial Rapid Payment Technologies Limited, Iconomi Ltd, Skrill Limited, Paysafe Financial Services Limited, Crypto Facilities Ltd, Fidelity Digital Assets LTD, Payward Limited, Galaxy Digital UK Limited, BABB Platform Ltd, BCP Technologies Limited, Zumo Financial Services Limited, Baanx.com Ltd, Bottlepay Ltd, Genesis Custody Limited, Altalix Ltd, 

2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd,  Zodia Markets (UK) Limited, Foris DAX UK Ltd (aka Crypto.com) and Revolut Ltd.

And of course the Revolut group is still pursing its much talked about bank authorisation in the UK.  ​

We are looking forward to seeing how many more will be registered before the end of the year.

The post accompanying Version 5 appears at:
  • ​CompliReg: https://complireg.com/blogs--insights/revolut-finally-joins-the-uk-registered-cryptoasset-map-version-50-monday-26th-september-2022
  • Linkedin: https://www.linkedin.com/posts/peteroakes_cryptoasset-fca-cryptoasset-activity-6980821130584412160-_63O?utm_source=share&utm_medium=member_desktop

​
Further Reading:

Version 1 of the Map and the Blog of 20 December 2021 - located here

Version 2 of the Map and the Blog of 18 July 2022 - located here 

Version 3 of the Map and the Blog of 28 July 2022 - located here

Version 4 of the Map and the Blog of 20 September 2022 - located here

List of ​Unregistered Cryptoasset Businesses as at 20 September 2022 - located here
0 Comments

UK Registered Cryptoasset Map Version 4.0  Tuesday 16th August 2022

20/9/2022

0 Comments

 
Picture
Click Image for Larger Version
Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.

Hope you like the Map (Version 4.0)!


Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.

Welcome to the fourth edition (version 4.0) of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

There are now 37 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at Tuesday 16th August 2022.  Welcome to Crypto.com.   The FCA register records Foris DAX UK LTD (aka Crypto.com) registration effective 16th August 2022.  

We will not repeat what we said in our previous Blogs, such as Version 3.0 Blog. You can read the Version 3.0 blog here. 

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.

At the time we released Version 1, there were 218 (thereabouts) unregistered cryptoasset business listed on the UK FCA's website that appear, to the FCA, to be carrying on cryptoasset activity, that are not registered with the FCA for anti-money laundering purposes.  As of today (20 September 2022), that number has decreased  to 246.  On both 18th and 28th July 2022 
the figure was 248. 

The firms thus far registered by the FCA include:

2020: Archax Ltd, Gemini Europe Ltd, Gemini Europe Services Ltd, Ziglu Limited, Digivault Limited, 

2021: Fibermode Limited, Zodia Custody Limited, Ramp Swaps Limited, Solidi Ltd, Coinpass Limited, CoinJar UK Limited, Trustology Limited, Commercial Rapid Payment Technologies Limited, Iconomi Ltd, Skrill Limited, Paysafe Financial Services Limited, Crypto Facilities Ltd, Fidelity Digital Assets LTD, Payward Limited, Galaxy Digital UK Limited, BABB Platform Ltd, BCP Technologies Limited, Zumo Financial Services Limited, Baanx.com Ltd, Bottlepay Ltd, Genesis Custody Limited, Altalix Ltd, 

2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd,  Zodia Markets (UK) Limited and Foris DAX UK Ltd (aka Crypto.com).

Revolut Ltd, as of today, is the only firm listed on the Temporary Registration list and has been on that list nine months (first listed on December 2021).  Interestingly, in addition to a cryptoasset registration, the Revolut group hasn't achieved obtaining of its much talked about bank authorisation in the UK either.  ​

We are looking forward to seeing how many more will be registered before the end of the year.

The post accompanying Version 4 appears at:
  • ​CompliReg: https://complireg.com/blogs--insights/uk-registered-cryptoasset-map-version-40-tuesday-16th-august-2022​
  • Linkedin: https://www.linkedin.com/posts/peteroakes_cryptoasset-fca-crypto-activity-6978010345650958336-dlTR?utm_source=share&utm_medium=member_desktop

Further Reading:

Version 1 of the Map and the Blog of 20 December 2021 - located here

Version 2 of the Map and the Blog of 18 July 2022 - located here 

Version 3 of the Map and the Blog of 28 July 2022 - located here

List of ​Unregistered Cryptoasset Businesses as at 20 September 2022 - located here




​
0 Comments

UK Registered Cryptoasset Map Version 3.0 Thursday 28th July 2022

28/7/2022

0 Comments

 
Picture
Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at businesses which support crypto firms to support the project. See our CRYPTO page for more information

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.

Hope you like the Map (Version 3.0)!

Don't forget to sign up to our Newsletter (we don't spam) by clicking here.  We use MailChimp, which means you can unsubscribe whenever you like.
Welcome to the second edition (version 3.0) of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) UK FCA registered Cryptoasset Firms Map.

There are now 36 registered Cryptoasset firms appearing on the Financial Conduct Authority's (FCA) website as at Thursday 28th July 2022.  Welcome to Zodia Markets.  The FCA register records Zodia Markets registration effective 27th July 2022.  We also took the opportunity to update Solidi's logo too.

We will not repeat what we said in our Blog on Version 2, which was released recently on Monday 18th July 2022.  You can read the Version 2 blog here. 

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. An example of this is in fact Zodia.  While Zodia Markets (UK) Limited was registered on 27 July 2022, its affiliate Zodia Custody Limited was registered effective 15 July 2021.

At the time we released Version 1, there were 218 (thereabouts) unregistered cryptoasset business listed on the UK FCA's website that appear, to the FCA, to be carrying on cryptoasset activity, that are not registered with the FCA for anti-money laundering purposes.  As of today, that number has remained steady at 248 since 18th July 2022..

The firms thus far registered by the FCA include:

2020: Archax Ltd, Gemini Europe Ltd, Gemini Europe Services Ltd, Ziglu Limited, Digivault Limited, 

2021: Fibermode Limited, Zodia Custody Limited, Ramp Swaps Limited, Solidi Ltd, Coinpass Limited, CoinJar UK Limited, Trustology Limited, Commercial Rapid Payment Technologies Limited, Iconomi Ltd, Skrill Limited, Paysafe Financial Services Limited, Crypto Facilities Ltd, Fidelity Digital Assets LTD, Payward Limited, Galaxy Digital UK Limited, BABB Platform Ltd, BCP Technologies Limited, Zumo Financial Services Limited, Baanx.com Ltd, Bottlepay Ltd, Genesis Custody Limited, Altalix Ltd, 

2022: X Capital Group Limited, Enigma Securities Ltd, Light Technology Limited, eToro (UK) Ltd, Uphold Europe Limited, Wintermute Trading LTD, Rubicon Digital UK Limited, DRW Global Markets Ltd and Zodia Markets (UK) Limited

Revolut Ltd, as of today, is the only firm listed on the Temporary Registration list and it was listed on December 2021 list too.  Interestingly, in addition to a cryptoasset registration, the Revolut group hasn't achieved obtaining of its much talked about bank authorisation in the UK either.  ​

We are looking forward to seeing how many more will be registered before the end of the year.

The post accompanying Version 2 appears at:
  • ​CompliReg: https://complireg.com/blogs--insights/uk-registered-cryptoasset-map-version-20-monday-18th-july-2021
  • Linkedin: https://www.linkedin.com/posts/peteroakes_fintechuk-crypto-digitalasset-activity-6954800838179491840-lCjM?utm_source=linkedin_share&utm_medium=member_desktop_web

Further Reading:

Version 1 of the Map and the Blog of 20 December 2021 - located here

Version 2 of the Map and the Blog of 18 July 2022 - located here 

List of ​Unregistered Cryptoasset Businesses as at 28 July 2022 - located here
0 Comments

UK Registered Cryptoasset Map Version 1.0 Monday 20th December 2021

20/12/2021

0 Comments

 
Picture

​UK Registered Cryptoasset Map Version 1.0
Monday 20th December 2021

Welcome to the first edition (version 1) of Fintech UK's and CompliReg's (a leading provider of fintech consulting services to crypto asset firms) registered Cryptoasset Firms.

There are 27 UK registered Cryptoasset firms appearing on the UK's Financial Conduct Authority's (FCA) website as at Monday 20th December 2021.

The first of these firms were registered in 2020.  According to the UK FCA's records, the first registered Cryptoasset firm was Archax on 18 August 2020.  The most recent to be registered is Altalix (today!).  While four (4) firms were registered in 2020, 2021 has seen a flurry of activity and especially in the last quarter of 2021 when 16 firms (so far) received their Cryptoasset registration from the FCA - that is whopping 60% of the total pool of registered firms.  We are looking forward to seeing how many more will be registered before the end of the year.

As we continue to Map registered Cryptoasset firms, expect to see certain logos appear more than once as several brands will be registering several Cryptoasset firms for different purposes, such as - for example - services for (1) trading and (2) custody. 

According to other records at the FCA, there are 37 firms Cryptoasset firms with Temporary Registration.  Following a quick look through that list, it seems that some of those firms may now appear on the list of registered Cryptoasset firms - so the FCA may need to revisit both lists to check there is no double counting. 

Worryingly, there are 218 (thereabouts) unregistered cryptoasset business listed on the UK FCA's website that appear, to the FCA, to be carrying on cryptoasset activity, that are not registered with the FCA for anti-money laundering purposes.  And that is not a complete list of all unregistered cryptoasset businesses operating in the UK.

Fintech UK is looking to partner with registered / regulated (or soon to be) cryptoasset firms on building out a cryptoasset section on our website.  If you are senior executive at a UK registered cryptoasset firm, please contact us here to discuss the proposed project.  Also happy to hear from senior executives at business which support crypto firms on the proposed project. Note that a search on the words "Fintech UK" on google returns our website as the #1 or #2 organic search result.  A compelling reason to partner with us.

If you are are crypto firm seeking regulatory advice or director services, please contact CompliReg for assistance at the details appearing here and check out its VASP registration and other authorisation services here.

Hope you like the Map!

This post also appears at:
  • ​https://complireg.com/blogs--insights/uk-registered-cryptoasset-map-by-fintech-uk-complireg-v10
  • https://www.linkedin.com/posts/peteroakes_cryptoasset-cryptoasset-moneylaundering-activity-6878800276321554433-SZpd 
0 Comments

    Author

    Fintech UK and Peter Oakes

    Archives

    October 2024
    September 2024
    August 2024
    April 2024
    March 2024
    January 2024
    October 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    September 2022
    July 2022
    January 2022
    December 2021
    January 2021
    December 2020
    November 2020
    September 2020
    August 2020
    July 2020
    February 2020
    January 2020
    November 2019
    February 2016

    Categories

    All
    Alloy
    Armstrong Teasdale
    Asia
    Atlantic Money
    Bank Of England
    Board Directors
    Brexit
    CompliReg
    Consultation
    Consumer Duty
    Crypto
    Cryptoassets
    Crypto.com
    Currencycloud
    Digital Assets
    DirectID
    Ecosystem
    Electronic Money
    Emoney
    FCA
    Financial Crime
    Fintech
    Fintech Abu Dhabi
    Fintech City
    Fintech Map
    FintechUK.com
    Fund
    Funding
    IBAN
    ICAP
    IKEA
    Intersystems
    Investment
    IPO
    J.P. Morgan
    Kalifa Review
    Layoffs
    Lending
    MiCA
    Monese
    Money Laundering
    Non-Executive Directors
    Open Banking
    Payment Accounts
    Peter Oakes
    RegTech
    Report
    Revolut
    Sajid Javid
    UK Crypto Asset Map
    Unicorn
    Virtual Accounts
    Wise

Site powered by Weebly. Managed by Bluehost