Blockchain.com says it will expand its UK business services following approval by the Financial Conduct Authority (FCA) to operate as a “crypto asset business.” The company was founded in the UK.
Last year, Blockchain.com was approved in the EU under MiCA (Markets in Crypto-Assets) regulation.
The company said it would offer brokerage, custody, and institutional-grade digital asset offerings in the UK.
Peter Smith, CEO, Founder, and Executive Chairman of Blockchain.com, said the company has been part of the UK tech landscape for over a decade and is committed to working with policymakers to ensure the UK remains a global leader in financial innovation.
Since 2011, Blockchain.com reports having processed over $1.2 trillion in crypto transactions and served more than 90 million wallets and 40 million users globally.