Eternity Law International News Cryptoasset registration in UK

Cryptoasset registration in UK

Published:
July 8, 2020

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.

You could be interested

LATAM Fintech Licensing 2025: Trends, Reforms, and Risk Zones

There are some newly implemented rules regarding the fintech sphere in Latin America. The aim of them is putting a stop to fraud. This creates plenty of difficulties for regional fiscal institutions and enterprises, since they have to stay adhered to these rules and be kept posted regarding any alterations. This article will make you...

Company Liquidation in Czech Republic

A typical workflow of liquidating a company in Czech Republic comprises a sequence of lawful, monetary, and administrative steps aimed at ensuring the orderly cessation of a firm entity’s operations. Whether a company voluntarily decides to dissolve or is compelled to undergo termination due to insolvency, it is imperative to adhere to the statutory scheme...

PSP license in Georgia

In modern countries, or remittance service providers are controlled by the National Bank of country, which oversees and supervises the remittance system in the country. PSPs are defined as business-companies that supply payment favors, including issuance of payment instruments, acquisition of remittance transmissions, and remittance favors. To control as a remittance favors supplier in Georgia,...

AEMI License in Spain

Overview of AEMI Licensing in Spain An AEMI licence in Spain is increasingly sought after as tech-enabled solutions expand across Europe. This licence, granted by the Bank of Spain, allows organisations to issue e-money, offer payment facilities, and expedite secure transferring operations in obedience with EU  monetary legislations. Holding an AEMI licence in Spain enables...

Business Formation & Corporate Governance in France

This direction, which stretches from the vineyards of Bordeaux to the bright startup corridors of Paris, has become a remarkable gateway for ambitious entrepreneurs and global corporations. This jurisdiction is no longer just the place of croissants and culture–it is where new ventures come alive. With a firm grip on commercial reality and an increasing...

Company registration in Australia

Australia is a state whose operating principle can be defined as offshore. In this jurisdiction, the most favorable conditions have been created for creating a business and its effective development. Foreign entrepreneurs are especially interested in the Australian coastline as this country is attractive in terms of investment. The Australian government is working hard to...

Related posts

Gaming License in UK

Amid the vibrant tapestry of the gaming and gambling industry, the United Kingdom emerges as a prominent and influential stalwart. Its well-entrenched system of gaming licensure, coupled with a stringent regulatory framework and an unwavering commitment to the tenets of responsible gaming, elevates the nation to a coveted destination for enterprises seeking participation in this...

PSP license in UK

Great Britain is a financially stable countryside. Therefore, opening an interchange in this region is a guarantee of safeness for acquisitions and the opportunity to multiply them. The global financial crisis has had almost no effect on the development of the country’s economy, and the experience of its top managers has made it possible to...

LTD company registration in the UK

Today, registering a company in the UK is the most suitable choice for working with international partners. Among the main benefits of the jurisdictions are following: Britain is not an offshore, so it is not included in the blacklist of other states; this country has a trustworthy reputation, which positively affects the image of the...

LTD registration in the UK

Registration cost 1 500.00 EUR The cost of renewing the company 1 200.00 EUR  Number of directors 1 Corporate tax 20.00% Paid Statutory Capital 0.00 Mandatory reporting requirements Yes Set of documents: Certificate of incorporation Minutes of the meeting of Subscribers Minutes of Meeting of Directors Share Certificates Non-Trading Warranty Cost of services of a...

Company for cryptocurrency in UK

The UK is on the list of the most favorable jurisdictions for doing business on mining and exchange of cryptocurrencies. In addition, such start-ups in the initial stages even receive support from the state. So far, in the UK, activities related to digital money are still not regulated at the legislative level. The Office for...
Fill the blank: