Cryptoasset Business
Registration.
Guiding cryptoasset firms through the FCA registration process and financial crime requirements.
For cryptoasset firms, FCA registration isn’t just an entry requirement, it’s the foundation of regulatory credibility and long-term business resilience. To succeed, firms must demonstrate not only financial crime controls but also robust governance, operational resilience, proportionate wind-down planning, and risk management.
Registration is one of the FCA’s most intensive processes, and the quality of your application directly influences whether it is approved or delayed.
CONFIDENCE IN MANAGING CRYPTO COMPLEXITY.
We support cryptoasset firms through every stage of the FCA registration process from preparing regulator ready applications to providing pre and post-registration assurance. Our experts ensure your application is aligned with FCA expectations, commercially grounded, and capable of withstanding regulatory scrutiny.
With extensive experience supporting cryptoasset firms, we know how to translate your business model into a regulatory framework that satisfies the FCA. We don’t just compile paperwork: we help you evidence your anti-financial crime controls, operational resilience, risk management, and wind-down planning. We ensure your policies, procedures, and business plan showcase your products and services in a way that reinforces both compliance and credibility.
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READINESS
We assess your obligations, design a tailored regulatory framework, and prepare your application pack to FCA standards. For firms that have drafted their own applications, we provide quality assurance reviews to confirm that the documentation is regulator-ready.
REGISTRATION
We guide you through the application process, drafting and refining your submission to align with FCA expectations. This includes evidencing financial crime controls, resilience planning, and governance arrangements in a way that withstands scrutiny.
RESILIENCE
Once registered, we provide post-registration support to help you stay compliant as the regulatory landscape evolves. From regulatory reporting and impact analysis to implementation planning, policy updates, and staff training, we ensure compliance is embedded so you can focus on growing your business.
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FREQUENTLY ASKED QUESTIONS
Find answers to the questions we’re asked most often, from our compliance and training services to how we can support your business.
What is FCA cryptoasset registration and who needs it?
FCA cryptoasset registration is required for any firm carrying out cryptoasset activities in the UK, including crypto exchanges, custodian wallet providers, and peer-to-peer providers. Under the Money Laundering Regulations, all cryptoasset businesses must be registered with the FCA before they can legally operate in the UK market.
What does the FCA assess during the cryptoasset registration process?
The FCA assesses a firm's anti-financial crime controls, governance framework, operational resilience, risk management, and wind-down planning. Firms must demonstrate not only that they can meet regulatory requirements at the point of registration, but that they have the infrastructure to maintain compliance on an ongoing basis.
Why is FCA cryptoasset registration so difficult to obtain?
FCA cryptoasset registration is one of the regulator's most intensive processes, with a high rejection rate. The FCA scrutinises every aspect of a firm's business model, financial crime controls, and operational resilience. The quality of your application directly influences whether it is approved, delayed, or rejected.
What are the most common reasons cryptoasset registration applications fail?
Common reasons include inadequate anti-financial crime controls, weak governance frameworks, insufficient operational resilience planning, poorly evidenced risk management, and incomplete wind-down plans. Addressing these issues before submission is critical to a successful outcome.
How can Cosegic support our FCA cryptoasset registration?
Cosegic supports cryptoasset firms through every stage of the FCA registration process, from preparing regulator-ready applications to providing pre and post-registration assurance. Our experts translate your business model into a regulatory framework that satisfies the FCA, evidencing your financial crime controls, operational resilience, and risk management in a way that is both commercially grounded and capable of withstanding regulatory scrutiny.