United Kingdom / Firms / Phemex

Phemex

Phemex is not on the FCA's list of registered cryptoasset firms. The FCA Warning List has an entry for “Phemex”, first published 23 Jan 2025.

FCA status

On FCA Warning List · checked 21 Oct 2026

FCA Warning List

“This firm may be promoting financial services or products without our permission. You should avoid dealing with this firm.” · entry “Phemex”, first published 23 Jan 2025 · 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 (VASP Tracker classification)

Public statement

We found no dated public statement about applying under the new regime.

History

• 23 Jan 2025FCA Warning List entry published for “Phemex”. — fca.org.uk official

Read More

• UK Crypto Firms Have Until 28 February 2027 to Apply. What Changes, and for Whom
• Only 17% of UK Crypto Registration Applications Have Succeeded Since 2020

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