Crypto, Facilities

Crypto Facilities, the first cryptocurrency firm to receive a UK MTF licence, is pleased to announce it has been granted registration under the amended Money Laundering Regulations 2017 (MLRs) from the UK’s Financial Conduct Authority (FCA), giving Crypto Facilities the ability to expand the range of products and services available to UK clients as a registered cryptoasset business.

16.11.2021 - 12:04:43

Crypto Facilities Receives Cryptoasset Registration from the UK’s FCA

from the FCA in 2020. Becoming a regulated venue enabled institutional and professional investors in Europe ??to access regulated crypto derivatives for the first time.

“Whilst the inflow of institutional funds into the cryptocurrency market has been remarkable over the past year, compliance and regulatory certainty remain a significant hurdle for many looking to gain exposure to digital assets,” Mr. Worrall added. “The MLR registration affirms Crypto Facilities’ commitment to regulatory compliance, providing assurances that we provide a safe and secure trading environment for crypto derivatives.”

To find out more about Crypto Facilities, please visit our website, or reach out to press@kraken.com.

About Crypto Facilities

Crypto Facilities Ltd. is a professional trading platform for derivatives on cryptoassets. Based in London, professional investors can trade an array of cryptocurrency derivatives, both long and short, around the clock, with up to 50x leverage. Crypto Facilities is authorised and regulated by the UK Financial Conduct Authority (FRN 757895).

About Kraken

Based in San Francisco, Kraken is the world’s largest global digital asset exchange based on euro volume and liquidity. Kraken’s global clientbase trades over 90 digital assets and 7 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF and AUD.

Founded in 2011, Kraken was the first U.S. crypto firm to receive a state-chartered banking license, as well as one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Kraken is trusted by well over 8 million traders, institutions and authorities around the world and offers professional, round the clock online support.

Kraken is backed by investors including Tribe Capital, Hummingbird Ventures, Blockchain Capital and Digital Currency Group, among others. For more information about Kraken, please visit www.kraken.com.

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