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130 days until the UK application period closes (28 Feb 2027) · what changes

United Kingdom / Firms / Coinbase

Coinbase

CB Payments Ltd (FRN 900635) is listed as “MLRs Registered” on the FCA's list of cryptoasset firms registered under the Money Laundering Regulations (status effective 3 Feb 2025). MLR registration is an anti-money-laundering registration, not FSMA authorisation, and it does not carry over to the regime that starts on 25 October 2027.

FCA status
On FCA crypto register · checked 21 Oct 2026
MLR registration is anti-money-laundering supervision, not an FCA authorisation; it gives no FOS/FSCS cover for cryptoasset activities.
FCA register entry
CB Payments Ltd · FRN 900635 · registered under the MLRs, status effective 3 Feb 2025 official
FCA consumer research 2025
61% of UK crypto users who used an exchange said they had used Coinbase (2024: 59%). YouGov for the FCA, fieldwork Aug–Sep 2025, Figure 27 · fca.org.uk official
FSMA cryptoasset authorisation
None yet: the regime starts on 25 Oct 2027; applications opened on 30 Sep 2026. The FCA does not publish applicants. fca.org.uk official
Type
Exchange / broker app · major brand (VASP Tracker classification)
Public statement
We found no dated public statement about applying under the new regime.

History

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Cite This Page

VASP Tracker, “Coinbase: FCA Crypto Register Status (UK)”, https://vasptracker.com/en/uk/platforms/coinbase/ (accessed 21 Oct 2026). CC BY 4.0.

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