The FCA has determined that as we will no longer be selling to the public when we move to an exchange, and following legal advice, we do not require to be FCA registered. Accordingly we withdrew our application on March 19th 2020. As a result we are no longer on the FCA’s Temporary registration list.
We will continue to comply with the MLRs, including the requirement at regulation 60A, to inform our customer before establishing a business relationship or entering into transaction with them, that our crytoasset activity is not:
- Within scope of the jurisdiction of the Financial Ombudsman Service, or
- Subject to protection under the Financial Service Compensation Scheme, or
- Within the scope of the jurisdiction of, or subject to the protection under, any of the schemes referred to in this statement.