The company can now officially provide cryptocurrency services in the UK

British cryptocurrency startup Crypterium has received a license from the FCA

27.10.2021 - 13:30

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1 min

What's new? Crypterium, the British provider of cryptocurrency services, has received registration from the UK Financial Conduct Authority (FCA). According to the company's blog, the platform was registered to carry out activities with crypto assets in accordance with the country's anti-money laundering (AML) regulations.

Information from the Cryptorium blog

What is a license for? Registration allows Crypterium to provide access to its wallet, crypto-rating and payment services in the United Kingdom. Before issuing the license, FCA experts observed the company's policies and processes for 18 months.

What does the CEO say? Crypterium CEO Steven Parker commented on the event:

“Becoming an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a company that puts user security and accessibility first. Not only do we provide an excellent set of services, but now we can show that these are done with full compliance of some of the toughest assessment criteria.”

Who has already received permission? Cryptorium has joined a group of companies that have already been registered by the British agency. The list includes Gemini, CoinJar, Ziglu, Archax and Diginex’s Digivault.

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