Key facts
- Blockchain.com has secured a VASP custody license from the Cayman Islands Monetary Authority.
- The company is establishing a physical presence in the Cayman Islands, including a new office in Camana Bay and its first on-island hire.
- Blockchain.com has obtained regulatory registration in the UK from the Financial Conduct Authority (FCA).
- The UK registration allows the company to conduct specific crypto activities under anti-money laundering and counter-terrorist financing regulations.
Blockchain.com has expanded its regulated crypto services by securing a Virtual Asset Service Provider (VASP) custody license from the Cayman Islands Monetary Authority. This move includes establishing a physical presence in the Cayman Islands, with plans for a new office in Camana Bay and its first on-island hire this summer, supported by TechCayman.
In parallel, Blockchain.com has obtained regulatory registration in the UK from the Financial Conduct Authority (FCA) under the trading name "BC Operations." This registration allows the company to conduct certain crypto-related activities in the UK, adhering to anti-money laundering and counter-terrorist financing regulations. This UK approval comes nearly four years after the company withdrew an earlier application.
Blockchain.com, which has supported over 95 million wallets and 43 million verified users since its inception in 2011, aims to connect the world to the future of finance through secure, regulated infrastructure. The company views the Cayman Islands as a forward-thinking jurisdiction for digital asset innovation and is preparing for the UK's upcoming, broader crypto licensing framework.