Press · United Kingdom

Numbers you can quote, each with its source. Figures and data are CC BY 4.0: credit “VASP Tracker” with a link.

Key Numbers (21 Oct 2026)

• 62 firms on the FCA's list of registered cryptoasset firms (MLRs); 6 formerly registered. FCA Register
• 0 firms authorised under the new cryptoasset regime, which starts on 25 Oct 2027. Applications opened 30 Sep 2026 and the application period closes 28 Feb 2027. FCA
• 68 of 393 determined applications for crypto MLR registration since January 2020 ended in registration (17%); 265 were withdrawn. FCA data, as at 1 October 2026
• 3 of the 9 most-used exchanges in the FCA's 2025 consumer survey have a UK company on the register (Coinbase, Crypto.com, Kraken). analysis
• 239 days between the application deadline and the regime start; the FCA took 217 days on average to approve an MLR registration in 2025. FCA FOI2026/00528

Analysis

• UK Crypto Firms Have Until 28 February 2027 to Apply. What Changes, and for Whom

  21 Oct 2026 · MLR registration does not convert. 62 registered firms and every overseas exchange serving UK users must apply for FSMA authorisation; the paths explained with FCA sources.

• Only 17% of UK Crypto Registration Applications Have Succeeded Since 2020

  21 Oct 2026 · 68 of 393 determined applications ended in registration and 265 were withdrawn. FCA data and an FOI answer show what the new regime inherits.

• Only 3 of the 9 Exchanges UK Crypto Users Use Most Are on the FCA Register

  21 Oct 2026 · We matched the FCA's own 2025 survey of exchange use against the FCA register: Coinbase, Crypto.com, Kraken are registered; Binance, Bybit, OKX and others are not.

Charts and Data

Every chart has SVG and PNG downloads under its article. Open data: /en/uk/data/.

Contact

Daniel Bradley, founder: press@vasptracker.com.