Eternity Law International News Cryptoasset registration in UK

Cryptoasset registration in UK

Published:
July 8, 2020
Share it:

Cryptoasset businesses can now register with FCA in UK and provide their services to clients in Europe

Just like the popular Estonian Crypto licence, the new format will enable fiat to crypto exchange and cryptocurrency being placed in e-wallets

All existing UK cryptoasset businesses must register with the FCA by 10 January 2021. New cryptoasset businesses that intend to carry on a cryptoasset activity must now be registered with the FCA before any activity can be carried out.

Who needs to register?

• Issuers of tokens (including ICOs)
• Exchanges and trading platforms
• Miners and transactions processors
• Wallet providers and custodians
• Payments providers
• Advisers and other Intermediaries

We provide turnkey service in applying, obtaining and safely operating under FCA supervision. With over 25 different licences obtained with FCA we have the expertise on how to get the application done right the first time with no delays in just 6 months

What’s included?

• Preparing the documents for the application
• Writing and implementation of AML procedures
• Assistance in communicating with the regulator after submission
• Further compliance consulting

Timeframe: 6-12 months with a forecast to go down to 3 months.

Get your early bird application now by enquiring at: office@eternitylaw.com , telegram @anastasiiaeternitylaw

The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.

Table of contents

You could be interested

Best Countries for a Broker License

Nowadays, it is of high importance to be aware of a permission which allows to perform operations in the forex industry licitly and transparently. Such a permit is given by a regulatory body in charge of it in a particular country. The authorization corroborates the lawfulness of fiscal dealers, increases trustworthiness, and safeguard interests of...

Bulgaria Authorised Crypto Companies

The rapid expansion of the cryptocurrencies has opened up new avenues for organisations worldwide. Financiers willing a strategic and regulated sphere to establish their tokenized ventures often turn to this direction. Known for its business-friendly policies, low taxes, and robust legislative scheme, this jurisdiction proposes unparalleled capabilities for tailoring, setting up, and functioning this type...

Regulation of EMI in Malta

Malta is at the forefront of e-commerce regulation being one of the first of the EU countries that allowed standalone e-money institutions. This business model is considered to be very efficient since certain amendments to the regulatory regime have been made (for example, decrease of start-up capital to establish an EMI). An E-Money Institution (“EMI”)...

Gaming License in Gibraltar

Situated at the southern edge of the Iberian Peninsula, Gibraltar is not only recognized for its iconic Rock of Gibraltar but also for its prominent presence in the global gaming industry. Under the governance of the Gibraltar Regulatory Authority (GRA), gaming activities are regulated to ensure fairness and security. In this comprehensive guide, we embark...

Transfer funds to offshore accounts or tax planning

WHAT IS BETTER: TRANSFER OF FUNDS TO OFFSHORE ACCOUNTS OR PLANNING OF TAXES? What is better: transferring funds to offshore accounts or tax planning? Today this issue is one of the most relevant. Many countries of the world know firsthand what the global crisis is. In this regard, the government of states that are on...

Mergers & Acquisitions (M&A) in Sweden

Sometimes in entrepreneurship, due to the diverse causes, businesses combine or one organization acquires another. Entities resort to such processes in order to develop faster, save money, get new products or technology, reduce competition, etc. This article will cover the main details concerning mergers and acquisitions Sweden. You will also find an explanation of why...

Related posts

Shelf companies in the UK: potential risks and benefits

Today in the United Kingdom there are many ways to launch a business, and each of them has its pros and cons, difficulties, benefits and nuances. One of the best and fastest options is buying a shelf company in the UK – a ready-made structure that has already been registered, but has not yet started...

Purchase FCA-Authorized EMI Company – UK Financial Institution for Sale

The Fintech sector has been a whole battlefield of wars to become a standard. Full acquisition of the Licensed FCA EMI in the UK would signal some low-hanging entry opportunities into this space without having inherent weaknesses and eventual uncertainties from full creation. Of all that which meant so much this sale of an EMI...

Buy UK FCA Forex Brokerage – STP Model with Client Base

In the rapidly changing dynamics of global finance, an FCA forex firm would be one of the best-selling services in the UK. While it could act as a shortcut to creating a name and proving to be profitable in the trading market, this does not entail easy fortunes. With this chance, you get all that...

FCA Authorized Multi-Asset Advisory Firm in UK for Sale – With Clients & Revenue

A rare opportunity has emerged to acquire an active FCA regulated company in the UK, fully authorized for multi-asset advisory operations. It is an ongoing business where you benefit from loyal customers currently generating revenue with all systems in place. To date, this company has been in continuous operation and has an excellent reputation. The...

UK FCA Investment Brokerage for Sale – FCA Regulated Multi-Asset Firm

Picture this. The smartest way to go about launching or scaling a financial services business is to acquire an FCA investment firm in the UK. That means walking into a turnkey opportunity where a fully operational multi-asset FCA firm already exists, complete with all regulatory permissions, client infrastructure, and trading access already in place. It’s...

Fully Licensed FCA UK Brokerage Firm – Multi-Asset Trading & Advisory

This would be a very strategic move for any entrepreneur or investor who has an eye on entering into the financial services market in the UK. It erases all the long waiting times, complex regulatory approvals, and high setup fees by buying a fully licensed FCA UK broker advisory. This is more than just a...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Fill the blank: