FCA extends TRR for cryptoasset businesses

Released 03 June 2021

The Financial Conduct Authority (FCA) has extended the Temporary Registrations Regime (TRR) for existing cryptoasset businesses from 9 July 2021 to 31 March 2022.

The TRR was established to allow existing cryptoasset firms that applied for registration before 16 December 2020, and whose applications are still being assessed, to continue trading.

The extended date will allow firms to carry on business while the FCA continues its robust assessment of businesses meeting the required money laundering standards.

Further information can be found at https://www.fca.org.uk/news/press-releases/temporary-registration-regime-extended-cryptoasset-businesses.

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