Companies seeking to conduct crypto business in the UK must register with the Financial Conduct Authority. Bitstamp and Interactive Brokers (IBKR) were among the first companies added to this register within six months.
Financial Conduct Authority’s Register of Crypto Firms that Meet Anti-Money Laundering and Terror Financing Requirements Now contains 42 crypto firms approved. Two more firms were recently added.
As it stands now, the FCA only has power to ensure crypto companies register with it and adhere to its regulations; a bill currently making its way through Parliament would treat crypto as a regulated activity and give the FCA and Payments Systems Regulator more ability to regulate this industry and protect consumers.
Bitstamp and Interactive Brokers (IBKR), two cryptocurrency exchanges and online brokerage firms based in the U.K. respectively, have recently become the first companies added to the UK crypto register in six months.
Financial Conduct Authority’s register of crypto firms that comply with anti-money laundering and terror financing regulations now stands at 42 firms, following two recent additions.
While the FCA currently only has the power to enforce compliance with registration and complying with FCA rules for crypto companies, if passed as is, a bill currently making its way through Parliament will ensure crypto is treated as a regulated activity, giving both FCA and Payment Systems Regulator more power to regulate this industry and protect consumers.

Bitstamp was added to the list on Tuesday after it registered in France in February and Spain/Italy last year. Since then, 52 licenses and registrations have been obtained by Bitstamp according to its post on its website.
Bitstamp remains committed to its goal of mainstream adoption, and is quickly establishing itself as a driving force advocating for increased regulation as key for this journey,” CEO Jean-Baptiste Graftieaux noted in an emailed press release.
Interactive Brokers of Greenwich, Connecticut was added to the list on Monday. Beginning cryptocurrency trading for professional investors in Hong Kong this February, Interactive Brokers and Paxos Trust joined forces in 2021 so clients could trade crypto.