{"id":65914,"date":"2022-08-17T10:24:07","date_gmt":"2022-08-17T07:24:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65914"},"modified":"2025-09-06T22:35:29","modified_gmt":"2025-09-06T19:35:29","slug":"crypto-com-secures-uk-approval-to-operate-crypto-assets","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-com-secures-uk-approval-to-operate-crypto-assets\/","title":{"rendered":"Crypto.com secures UK approval to operate crypto-assets"},"content":{"rendered":"<p>The UK&#8217;s Financial Conduct Authority (FCA) has registered the cryptocurrency platform Crypto.com.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to share that we&#8217;ve received regulatory approval in another key global jurisdiction, this time from the UK&#8217;s Financial Conduct Authority (FCA) \ud83c\uddec\ud83c\udde7<\/p>\n<p>We&#8217;ll work hard to support the UK\u2019s vision to become a global crypto hub.<\/p>\n<p>Full Details \ud83d\udc47<a href=\"https:\/\/t.co\/3Xbr7rKmEn\">https:\/\/t.co\/3Xbr7rKmEn<\/a> <a href=\"https:\/\/t.co\/koknqlaMZc\">pic.twitter.com\/koknqlaMZc<\/a><\/p>\n<p>\u2014 Crypto.com (@cryptocom) <a href=\"https:\/\/twitter.com\/cryptocom\/status\/1559797178629079042?ref_src=twsrc%5Etfw\">August 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the <a href=\"https:\/\/register.fca.org.uk\/s\/firm?id=0014G00002antHVQAY\">entry<\/a> in the register dated 16 August, the company operates in the country under the name FORIS DAX UK LIMITED. It has been granted permission to carry out \u201ccertain crypto-asset activities\u201d in the country.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/cQ1IRamJORKa0cL03ZctCl6dFZUiy9zCQLe1eMlEjnM4R64N8D3eFUY1_0G7z54eOZWmLPe0OjMopAJFBzTG_KgAB1oL1z1-YuhAznwiEFD7e3c9ZYXlgi_jkw4SOlZzJIMIKOvP1Tvw_Utl9cvbijE\" alt=\"Crypto.com receives regulatory approval to operate crypto-assets in the United Kingdom\"\/><figcaption>Source: <a href=\"https:\/\/register.fca.org.uk\/s\/search?predefined=CA\">FCA register<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This is a milestone for Crypto.com, as the United Kingdom represents a strategically important market for us, at a time when the government is advancing its <a href=\"https:\/\/forklog.com\/en\/news\/uk-government-plans-to-turn-the-country-into-a-global-crypto-hub\">transformation of the United Kingdom<\/a> into a global hub for crypto-asset technology and investment,&#8221; said Crypto.com CEO Kris Marshalek.<\/p>\n<\/blockquote>\n<p>In December 2020 the FCA introduced <a href=\"https:\/\/forklog.com\/en\/news\/uk-introduces-temporary-registration-regime-for-crypto-firms\">the temporary registration regime<\/a> for crypto companies.<\/p>\n<p>Later <a href=\"https:\/\/forklog.com\/en\/news\/uk-extends-temporary-registration-regime-for-cryptoasset-firms\">the programme was extended<\/a> until 31 March 2022. As of writing, 37 companies had received permission to operate, including Gemini, eToro and Galaxy Digital.<\/p>\n<p>Earlier Crypto.com received regulatory approvals to operate from regulators in <a href=\"https:\/\/forklog.news\/crypto-com-poluchila-litsenziyu-provajdera-tsifrovyh-aktivov-v-italii\/\">Italy<\/a>, Greece, Cyprus, <a href=\"https:\/\/forklog.news\/tsentrobank-singapura-vydelil-otlichivshiesya-v-voprose-komplaensa-firmy\/\">Singapore<\/a> and <a href=\"https:\/\/forklog.news\/ftx-otkryla-filial-v-yaponii-a-crypto-com-poluchila-litsenziyu-v-dubae\/\">Dubai<\/a>.<\/p>\n<p>In August 2022 the <a href=\"https:\/\/forklog.com\/en\/news\/crypto-com-secures-digital-asset-service-provider-licence-in-south-korea\">platform absorbed<\/a> payments services provider PnLink and the digital asset provider OK-BIT, with the corresponding licenses from South Korean regulators.<\/p>\n<p>Prior to that, Crypto.com announced a substantial reduction in CRO staking rewards for prepaid cards and announced the layoff of around 260 employees.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK&#8217;s Financial Conduct Authority (FCA) has registered the cryptocurrency platform Crypto.com.<\/p>\n","protected":false},"author":1,"featured_media":65915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1452,36,810],"class_list":["post-65914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-com","tag-regulation","tag-united-kingdom"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=65914"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65914\/revisions"}],"predecessor-version":[{"id":65916,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65914\/revisions\/65916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/65915"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=65914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=65914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=65914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}