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

United Kingdom / Firms / Kraken

Kraken

Crypto Facilities Ltd (FRN 757895) is listed as “MLRs Registered” on the FCA's list of cryptoasset firms registered under the Money Laundering Regulations (status effective 17 Nov 2021); 1 more group company is listed. 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
Payward Ltd. · FRN 928768 · registered under the MLRs, status effective 23 Nov 2021 official
FCA register entry
Crypto Facilities Ltd · FRN 757895 · registered under the MLRs, status effective 17 Nov 2021 official
FCA consumer research 2025
14% of UK crypto users who used an exchange said they had used Kraken (2024: 12%). 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
Kraken confirmed to POLITICO that it would apply for FCA authorisation once the application window opened.
Says it will apply · 28 Aug 2026 · Source: politico.eu press · secondary

History

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Cite This Page

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

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