UK Registered Cryptoasset Map by Fintech UK & CompliReg V1.0

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UK Registered Cryptoasset Map Version 1.0
Monday 20th December 2021

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Welcome to the first edition (version 1) of Fintech UK's and CompliReg's (a leader 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 at the details 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://fintechuk.com/news/uk-registered-cryptoasset-map-by-fintech-uk-complireg-v10​
• https://www.linkedin.com/posts/peteroakes_cryptoasset-cryptoasset-moneylaundering-activity-6878800276321554433-SZpd