Cryptoasset registration → full FSMA regime — the regulator, the requirements, and who holds the licence. Part of the MSB Intel licences-by-country tracker.
UK crypto firms currently operate under FCA cryptoasset registration — an AML/CTF regime in force since January 2020, with a famously high failure rate for applicants. The full FSMA-based regime, legislated in 2025, brings exchanges, dealing, custody and stablecoin issuance inside the regulatory perimeter with proper authorisation requirements, with FCA rulebooks phasing through 2026.
Post-Brexit, no EU passport reaches the UK: MiCA authorisation does not cover British customers, and UK registration confers nothing in the EU. Firms serving both markets need both.
Firms on the FCA cryptoasset register include:
Snapshot, not the register: verify current status against FCA register before relying on it.
No. The UK left the EU passporting system; MiCA authorisation confers no UK permissions. Firms need FCA registration now and FSMA authorisation as the new regime phases in.
The legal framework was made in 2025 and the FCA is consulting and finalising rulebooks through 2026, with authorisation gates opening in phases. Registered firms are expected to transition rather than start from zero.
Method. Compiled from regulator publications and primary legal texts, reviewed as licensing news crosses the wire. Last dataset review: August 10, 2026. This is a research reference, not legal advice. Corrections: @MSBIntel.
All jurisdictions: crypto licences by country · Related: 🇪🇺 European Union · 🇨🇭 Switzerland · 🇺🇸 United States
More from the desk: DAT registry · protocol fee leaderboard · the newswire