CEX.IOa global digital asset exchange with over 15 million users, today announced that its British business CEX.IO Markets UK Limited has obtained registration with the UK Financial Conduct Authority (FCA) under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations (MLR). This milestone places the company under the supervision of the FCA within the UK’s dedicated framework for Cryptoasset activities.
All existing UK customers, as well as newly added users, will be served by a UK registered entity. With its listing on the official FCA register, CEX.IO can establish deeper partnerships with UK banks, helping to reduce the likelihood of blocked deposits or flagged withdrawals.
The migration of the CEX.IO user base in the UK will be carried out in phases to ensure a smooth transition. Customers will receive in-app notifications urging them to accept new UK-specific terms. CEX.IO does not expect the process to impact its existing asset portfolios or disrupt its business activity.
Operating through a UK registered entity also means that CEX.IO’s crypto asset activities for UK users will be carried out within the UK’s anti-money laundering and financial crime framework.
“We’re not just ticking a box – we’re building a home for cryptocurrencies in Britain,” said Rich Evans, CEO of CEX.IO. “By moving our UK users to a locally registered framework, we are strengthening and aligning local accountability with the high standards expected of any UK financial service. This registration lays a strong foundation for everything we plan to build in 2026 and beyond.” The UK is widely considered to have one of the most rigorous regulatory environments for digital assets globally. According to FCA datahistorically 15% of applicants have successfully met the required standards. By achieving this status, CEX.IO joins a group of companies capable of meeting the FCA’s high expectations for financial crime prevention and consumer protection. Registered businesses also gain the ability to communicate their own qualifying cryptoasset financial promotions to UK consumers based on updated UK regulatory standards for 2026, ensuring all communications remain fair, clear and focused on consumer protection.
