{"id":52959,"date":"2021-11-16T15:53:37","date_gmt":"2021-11-16T13:53:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52959"},"modified":"2025-09-03T12:42:24","modified_gmt":"2025-09-03T09:42:24","slug":"krakens-uk-unit-secures-fca-licence","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/krakens-uk-unit-secures-fca-licence\/","title":{"rendered":"Kraken&#8217;s UK unit secures FCA licence"},"content":{"rendered":"<p>Kraken&#8217;s UK subsidiary Crypto Facilities has received approval from the <span data-descr=\"Financial Conduct Authority\" class=\"old_tooltip\">FCA<\/span> to operate in the country. The <a href=\"https:\/\/www.theblockcrypto.com\/linked\/124437\/kraken-subsidiary-crypto-facilities-receives-fca-approval-in-the-uk\">The Block<\/a> reports.<\/p>\n<p>The licence confirms compliance with anti-money-laundering regulatory requirements. Such requirements are also observed by FCA-regulated banks.<\/p>\n<p>Crypto Facilities can continue to operate in the United Kingdom as a platform for trading crypto derivatives. Other firms provide access to similar services without FCA registration.<\/p>\n<p>The licence will allow Crypto Facilities to broaden its product range.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe will be able to allow clients to take the risks that best match their investment needs\u201d<\/em>, \u2014 said Crypto Facilities CEO Gary Worrall.<\/p>\n<\/blockquote>\n<p>Earlier in August, Kraken&#8217;s CEO Jess Powell <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-to-secure-european-regulators-licence-by-end-2021\">promised<\/a> to enter the European market by the end of 2021.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kraken&#8217;s UK subsidiary Crypto Facilities has received FCA approval to operate in the country. The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":52960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1726,193,36,810],"class_list":["post-52959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fca","tag-kraken","tag-regulation","tag-united-kingdom"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52959"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52959\/revisions"}],"predecessor-version":[{"id":52961,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52959\/revisions\/52961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52960"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}