Tokenization & crypto licensing in the United Kingdom
1 official register read, 19 entries from Bank of England and FCA. 6 instruments from here are in our catalogue.
Buying crypto in the United Kingdom: what to know
Legal- Financial Conduct Authority (FCA) — AML registration of cryptoasset firms; financial promotions; future full crypto regime
- HM Revenue & Customs (HMRC) — Tax authority; CARF reporting
Selling, swapping or spending crypto is a disposal for Capital Gains Tax at 18% or 24%, after a £3,000 annual exempt amount. Staking rewards are taxed as income when received.
Gains: 18% (basic rate) / 24% (higher and additional rate) Capital Gains Tax
- FCA financial promotion rules require a 24-hour cooling-off period for first-time investors with a firm (reported together with an appropriateness test).
- Travel-rule checks apply to transfers since 2023.
- The FCA warns that most cryptoassets are unregulated and not covered by the FSCS.
Checked 2026-10-29 · Confidence: high · Sources: [1][2][3][4][5][6][7][8][9]
Not confirmed: Appropriateness test wording (from search summaries of FCA PS23/6) · Travel rule in force since 1 Sep 2023 (seen in search results only) · FCA final rules Jun 2026 covering stablecoin issuance (secondary sources)
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Bank of England + FCA (Digital Securities Sandbox, DSS); FCA (MLR cryptoasset registration); HM Treasury (DIGIT digital gilt pilot) | (1) DSS Dashboard – Sandbox Approval Notices (SANs) of all sandbox entrants (2) FCA Register 'Registered and Formerly Registered Cryptoasset firms' | Public register, read |
DSS dashboard — Sandbox Approval Notices (Gate 1 and Gate 2)
Sandbox participants · 19 entriesBank of England and FCA (Digital Securities Sandbox) · source · read 2026-10-14
| Register no. | Name | Status | Date |
|---|---|---|---|
| ClearToken | ClearToken | Passed through Gate 1 | 2024-12-12 |
| Montis | Montis | Passed through Gate 1 | 2024-12-13 |
| BPX Market | BPX Market | Passed through Gate 1 | 2025-01-14 |
| SLIX Finance | SLIX Finance | Passed through Gate 1 | 2025-02-18 |
| Liquidity Digital | Liquidity Digital | Passed through Gate 1 | 2025-03-04 |
| Platform-D Limited | Platform-D Limited | Passed through Gate 1 | 2025-03-04 |
| Euroclear UK & International Limited | Euroclear UK & International Limited | Passed through Gate 1 | 2025-03-28 |
| CurveBlock Services Limited | CurveBlock Services Limited | Passed through Gate 1 | 2025-05-12 |
| TECH LABS Limited | TECH LABS Limited | Passed through Gate 1 | 2025-06-24 |
| HSBC Bank plc | HSBC Bank plc | Passed through Gate 1 | 2025-07-07 |
| Tradeweb Europe Limited | Tradeweb Europe Limited | Passed through Gate 1 | 2025-07-30 |
| LSEG B3 Limited | LSEG B3 Limited | Passed through Gate 1 | 2025-08-01 |
| J.P. Morgan Securities Plc. | J.P. Morgan Securities Plc. | Passed through Gate 1 | 2025-10-02 |
| Monee Financial Technologies Ltd. | Monee Financial Technologies Ltd. | Passed through Gate 1 | 2025-10-02 |
| Netzero Assets International Ltd. | Netzero Assets International Ltd. | Passed through Gate 1 | 2025-10-28 |
| Ctrl Alt Ltd. | Ctrl Alt Ltd. | Passed through Gate 1 as Alt Ltd on 26 March 2025. SAN withdrawn and reissued to new entity (Ctrl Alt Ltd.) | 2025-12-04 |
| Giltsmiths Limited | Giltsmiths Limited | Passed through Gate 1 | 2026-10-09 |
| HSBC Bank plc | HSBC Bank plc | Passed through Gate 2 | 2026-07-13 |
| ClearToken CSD Limited | ClearToken CSD Limited | Passed through Gate 2 | 2026-09-18 |
In our catalogue: 6 instruments from United Kingdom
6 live.