When a crypto exchange or service wants to operate legally in the UK, it must go through FCA crypto registration, the official process set by the UK’s Financial Conduct Authority to combat money laundering and protect consumers. Also known as crypto licensing UK, this isn’t optional—it’s the only way to legally handle fiat-to-crypto trades, custody, or exchange services for UK customers. If you’re using a platform that doesn’t have this registration, you’re risking your money with a company that could vanish overnight—no warnings, no refunds.
The FCA requirements, include strict AML/KYC checks, proof of financial stability, detailed business plans, and ongoing reporting. Also known as crypto exchange compliance, these rules force firms to prove they’re not just another anonymous website with a flashy logo. Many crypto platforms tried to skip this step, especially in 2023 and 2024, but the FCA started shutting them down fast. Platforms like Let'sBit and Nanu Exchange didn’t have it—and they’re gone. Meanwhile, exchanges like BloFin and Upbit made sure they were registered before expanding into the UK market. The FCA doesn’t just check paperwork. They look at who’s running the company, where the money flows, and whether they can actually protect customer funds. If your exchange doesn’t show its FCA registration number on its website, assume it’s not legit.
This isn’t just about avoiding fines—it’s about safety. Without FCA crypto registration, there’s no legal recourse if your funds disappear. No regulator to complain to. No insurance fund to claim from. And in 2025, the FCA is cracking down harder than ever, especially on platforms that offer leverage, staking, or yield products. Even if you’re not in the UK, if your platform targets British users, it must comply. That’s why you’ll see so many posts here about exchanges that failed to register, scams hiding behind fake licenses, and real platforms that passed the test. Below, you’ll find real reviews of exchanges that made the cut—and those that didn’t. You’ll learn what to look for, what red flags to ignore, and how to protect your crypto when the rules are this strict.
Understand the FCA's 2025 crypto exchange authorization rules in the UK, including registration, FSMA requirements, stablecoin rules, and how overseas platforms must comply to serve UK customers.
