Scalable Solutions joins Crypto UK

We’re delighted to welcome Compliancy Services Ltd, one of the UK’s leading providers of compliance consultancy and regtech services, to our membership. We look forward to working with them to improve industry best practices and drive digital asset adoption in the UK.


This regulated fintech provides fiat wallet and on/off ramp solutions to crypto businesses. Altalix aims to include industries which are ineffectively covered by the current banking infrastructure. It enables direct payments between and bridges the real and virtual ecosystems.  

Exmo joins CryptoUK

Exmo is a British cryptocurrency exchange. The platform was established in 2014 and is constantly expanding its functionality, adding new assets to the listing, and, most importantly, increasing the number of customers.

Coinpass joins CryptoUK is an award-winning, UK-based cryptocurrency exchange platform, founded by brilliant-minds to solve the demand for fast, reliable, professional and high-quality financial service products for crypto-to-fiat trading in the United Kingdom. The platform provides a seamless and user-friendly experience when purchasing top cryptocurrencies with GBP sterling.

Binance UK joins CryptoUK

Binance.UK, the British affiliate of the global blockchain company behind the world’s largest cryptocurrency exchange, today announced it is joining CryptoUK, the U.K.’s self-regulatory trade association representing the digital asset sector, as an Executive Member. Binance.UK will assume a seat on the CryptoUK Executive Committee, alongside Coinbase, Coin Shares, CryptoCompare, eToro and Ripple. Together this group of industry experts and stakeholders collaborate to lead the Association’s strategic direction. This includes the Association’s Code of Conduct, policy positions and governance to ensure the U.K. fulfils its global leadership potential in this quickly developing and expanding industry.

The Financial Conduct Authority has found that 2.6 million+ people in the UK hold cryptoassets, a number which is increasing daily. Our Chairman Ian Taylor explores the regulatory changes this ever-increasing crypto investment could trigger, and how the UK and EU approaches may differ

We are now over halfway through 2020, which by many accounts, has been, shall we say, unusual.  Coronovirus’s all encompassing impacts aside, we are in the midst of even greater engagement from policy makers looking to bring our nascent industry into the broader regulatory perimeter. We’ve long anticipated that greater regulatory clarity could finally trigger a tsunami of institutional interest to engage in our sector, propelling both adoption and growth. This past week we’ve seen major announcements from the likes of the U.S. OCC and Mastercard, both of which could fuel business opportunities for crypto exchanges, custodians and traditionals banks…Read More

The European Commission releases the second and final non-paper on a proposed EU framework for markets in crypto-assets (Jul20)

Markets in Crypto-Assets (MiCA) Further to the EC non paper on a EU framework for markets in crypto-assets published in May (see summary here). CUK has obtained the final non-paper released in July. We are pleased to see that the commission has broadly listened to the industry and is proposing a bespoke regime for non security tokens (payment & utility). Also. that the commission is not considering stablecoins as a form of e-money.  For crypto-assets which do not qualify as financial instruments, ‘crypto-asset’, ‘utility token’, ‘asset-backed crypto assets’ and ‘significant asset-backed crypto-assets’ the Commission will propose an all encompassing bespoke regime – the Markets in..Read More