CoinJar is one of the first exchanges in the world to get FCA registration

CoinJar is one of the first exchanges in the world to get FCA registration

CoinJar becomes 2nd largest crypto exchange to be officially registered with the FCA

In January 2020, the UK government introduced new anti-money laundering and terrorist financing rules that required all cryptocurrency companies to register with the Financial Conduct Authority (FCA) or stop operating.

We’re pleased to announce that our UK branch has just been given official FCA registration – becoming one of the first exchanges in the world to do so.

“The UK is a world leader in fintech and a progressive regulator so we’re excited to have received this recognition as part of our commitment to offering people a safe and positive experience of buying and selling cryptocurrencies” – Asher Tan, CoinJar CEO

We believe the long-term success of cryptocurrency will be driven by both innovation and regulation. By becoming a legally registered crypto company, we gain a seat at the table as the future of this exciting and disruptive technology takes shape.

We’re hoping that our experiences in the UK can help inspire Australian regulators to implement a similar scheme here, providing certainty and confidence to this fast-moving and rapidly expanding industry.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more:

Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.​​

CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).