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FCA approved crypto companies

All Cryptocurrencies

by COINS NEWS 45 Views

Well here we are. The new FCA regs are in place and we've all had a bunch of emails from companies stripping back benefits or features we've been used to. Some companies more than others and you might be looking for a new one to sign up to.

If you're in the UK the above link is a list of the only companies that have gone through the process and have been given the green to offer crypto services in the UK. In the grand scheme of things islts a pretty short list at only 42 companies.

On the other side of the coin the fca have a much much larger warning list of companies offering crypto services that do not have approval which you can see at

https://www.fca.org.uk/consumers/warning-list-unauthorised-firms

which currently sits at 12209 entries. Not only around 250 of these on the list have applied through the fca and have been denied, the rest have not applied at all.

So before you rush off to sign up to kucoin or bybit after your current provider has stopped completely or reduced services it's worth checking the approved list! You might be surprised at some companies that are missing!

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