{"id":408962,"date":"2022-02-23T17:07:50","date_gmt":"2022-02-23T14:07:50","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uphold-becomes-registered-crypto-asset-firm-in-uk-post-fca-approval\/"},"modified":"2022-02-23T17:07:50","modified_gmt":"2022-02-23T14:07:50","slug":"uphold-becomes-registered-crypto-asset-firm-in-uk-post-fca-approval","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uphold-becomes-registered-crypto-asset-firm-in-uk-post-fca-approval\/","title":{"rendered":"# Uphold becomes registered crypto-asset firm in UK post-FCA approval"},"content":{"rendered":"<p>&#8220;<strong># Uphold becomes registered crypto-asset firm in UK post-FCA <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval  <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom&#8217;s Financial Conduct Authority (FCA).<\/p>\n<p>According to the FCA website, Uphold\u2019s U.K. subsidiary Uphold Europe Limited gained regulatory approval on Thursday, joining the select list of 32 firms that have received FCA approval as Registered Crypto Asset service providers out of the 200 that applied. The approval signifies that the firm is in compliance with the U.K. Anti-Money Laundering and Counter-Terrorist Financing regulations. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/cf90c6cc-1b7c-45dc-9d1c-bf9010aba02b.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>FCA Registered Crypto Asset firms. Source: FCA<\/em><\/figcaption><\/figure>\n<p>For crypto exchanges and service providers to offer their services to U.K.-based customers, they must register with the FCA and comply with the existing Anti-Money Laundering rules. The FCA has granted three crypto licenses \u2014 to\u00a0eToro, Uphold and Light <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">Technology<\/a> \u2014 in 2022.<\/p>\n<p><strong><em>Related: BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology<\/em><\/strong><\/p>\n<p>The U.K.\u2019s Crypto Asset Firm Registration is considered one of the most stringent, as some of the leading global crypto exchanges such as Binance have failed to secure the license. The 32 approved include major names like Gemini, Genesis, Coinjar and Robinhood.<\/p>\n<p>With the approval, Uphold aims to expand its range of services to U.K. customers. The CEO of the firm believes the FCA approval highlights its commitment to compliance and regulations. Uphold didn\u2019t im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to Cointelegraph\u2019s request for comments.<\/p>\n<p>The U.K. has emerged as one of the leading nations in terms of strict crypto compliance requirements. Even though the crypto market is not formally regulated there, AML compliance and registration have made it one of the tougher regulatory markets to crack for crypto firms.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/uphold-becomes-registered-crypto-asset-firm-in-uk-post-fca-approval\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Uphold becomes registered crypto-asset firm in UK post-FCA approval &#8221; A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom&#8217;s Financial Conduct Authority (FCA). According to the FCA website, Uphold\u2019s U.K. subsidiary Uphold Europe Limited gained regulatory approval on Thursday, joining the select list of 32 firms&#8230;<\/p>\n","protected":false},"author":1,"featured_media":408963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvMTBkYjc0M2ItOGU5OS00MTFhLTg5NTQtMGExNzY4ZGQ4MTRkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74859,74860,88784,77596,71511,55229,70934,71407,4966],"class_list":["post-408962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-aml","tag-cryptocurrency-exchange","tag-uk-government","tag-uphold","tag-government","tag-law","tag-regulation","tag-trading","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/408962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=408962"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/408962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/408963"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=408962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=408962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=408962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}