Crypto license services / Jurisdictions
Crypto license services / Jurisdictions
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View all productsCrypto license services / Ready-made companies
America
Canada
Price: $25,000
Montana
Price: $6,500
Costa Rica
Price: $12,500
El Salvador
Price: $18,000
Panama
Price: $9,900
Europe
Switzerland
Price: 250,000 CHF
MSB • Ready-made company
Canada
Included
Crypto license services / Legal & Structuring
Legal
Structuring
Compliance
Tokenization Services
Gambling license services / Jurisdictions
Gambling license services / Jurisdictions
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Crypto License
Prepare your FCA application for UK cryptoasset services
Service Snapshot
Gofaizen & Sherle provides regulatory route assessment and licensing support for cryptoasset service providers, including exchanges, custodians and fintech groups. Receive a defined application scope and preparation plan covering registration under the Money Laundering Regulations (MLRs), financial promotions and the upcoming Financial Services and Markets Act 2000 (FSMA) regime.
May fit
May not fit
Requires Assessment: Overseas firms, mixed financial services and groups marketing to UK consumers
Registration, permission to operate and permission to market are different legal questions.
| Registration or License | When It Applies |
|---|---|
| FCA cryptoasset registration | Trigger: In-scope exchange/custody business carried on in the UK; Legal Basis: MLRs; Status: Current; Authority: FCA; Outcome and Limits: AML supervision, not universal permission. |
| FSMA Part 4A authorization | Trigger: New regulated cryptoasset activities; Legal Basis: FSMA/2026 Regulations; Status: Applications open; Authority: FCA; Outcome and Limits: Specific permissions for upcoming regime. |
| Financial promotions | Trigger: Marketing qualifying cryptoassets to UK consumers; Legal Basis: FSMA section 21/Financial Promotion Order; Status: Current; Authority: FCA; Outcome and Limits: Lawful communications, not operating permission. |
Assessment & Structure
Registration & Documentation
Compliance Framework
Operational Readiness
Regulatory assessment
Price on quote
Application package
Price on quote
Compliance support
Price on quote
Official charges: Included: Current MLR application; Excluded or Separately Charged: Annual supervision and FSMA fees; Category 6; Price: £11,260
FSMA charges depend on the application and permissions. The FCA fee schedule is separate from professional fees.
Assess
Gofaizen & Sherle maps activities, markets and UK connections using client information.
Prepare
The team develops documents. The client supplies evidence and approves operational arrangements.
File
Submit the applicable MLR application or separate FSMA application/permission variation. FCA controls assessment.
Respond and Prepare for Launch.
Resolve regulator questions and coordinate agreed operational work. Launch depends on required permissions and provider acceptance.
The client approves documents and remains accountable. FCA, banks and promotion approvers make their own decisions.
Ownership & Management
Shareholders, ultimate beneficial owners, directors and ownership chart.
Business Model
Business model, customer markets, UK operations and launch plans.
Transactions & Markets
Transaction flows, custody arrangements and expected volumes.
Compliance & Financials
Corporate records, funding evidence and financial information, existing policies, technology arrangements and previous applications
Project assessment
Structuring & Classification
Documentation
Implementation support
Assessment and Preparation
Estimated after document and readiness review.
MLR Review
FCA has three months once it has all information needed to decide—not three months from initial submission.
FSMA Review
Separate authorization assessment, affected by completeness, complexity and information requests.
Operational Setup
Banking and other providers follow their own schedules.
Effective from 2026
How Does UK Cryptoasset Regulation Work?
The regulation of cryptoassets combines financial crime supervision, marketing restrictions and activity-specific financial services rules. The Financial Conduct Authority supervises relevant businesses, but each legal layer has its own scope. Existing rules still apply while the broader regime is being implemented. Security-token and payment activities can already require separate permissions, so the forthcoming changes do not postpone those obligations.
| Current | MLR registration and financial promotions obligations continue. |
| Applications Open | the FSMA application period runs September 30, 2026–February 28, 2027. |
| Upcoming | full commencement is expected October 25, 2027. Registration does not convert automatically. |
| Verification | check each firm’s status and permissions in the Financial Services Register. |
AML/CTF means anti-money laundering and counter-terrorist financing.
Corporation tax: Tax treatment of profits and gains depends on activity and structure
VAT: Treatment depends on the service, not simply use of cryptoassets
Payroll: Token remuneration can create tax and National Insurance obligations
Cross-border structure: Review tax residence and permanent establishment—a taxable business presence
HMRC’s Cryptoassets Manual explains business taxation. Assess the actual model individually.
Breaches can lead to enforcement, including criminal proceedings where applicable.
Banks, electronic money institutions (EMIs) and payment service providers (PSPs) assess their own onboarding risks.
Registration or authorization does not guarantee account opening.
Compare your target market first. CASP means crypto-asset service provider, while MSB/FMSB means money services business/foreign money services business.
| Market | Model | Main Fit | Access and Limitation |
|---|---|---|---|
| United Kingdom | MLR/FSMA routes | UK operations | No MiCA passport. |
| European Union | MiCA CASP | EU cryptoasset services | Cross-border notification, authorized scope |
| Canada | MSB/FMSB | Relevant exchange/transfers | Separate securities assessment. |
| United States | Federal/state frameworks | US customers | MSB registration alone is insufficient |
Yes, where the approver has the required permission and accepts the promotion. Approval addresses communications, not permission to operate. Gofaizen & Sherle can assess this route alongside your activities, existing status and plans under the new regime. Approver availability also affects practical feasibility.
Yes, as preparation inputs. They must accurately reflect this applicant and applicable requirements. Generic or outdated policies will need revision. Gofaizen & Sherle can review the existing package and identify what must change before filing and explain the preparation priorities. The review is applicant-specific.
No. Under current rules, an existing authorization does not replace MLR registration for in-scope cryptoasset services. Gofaizen & Sherle can assess the additional application and whether your existing structure suits the planned services. Future FSMA permissions require separate analysis. Plan both workstreams together.
Client Testimonials
Gofaizen & Sherle has successfully implemented all the tasks related to the settlement of legal part (company formation and VASP license application) of our exchange whitebit.com.
Vladimir Nosov
CEO WhiteBIT
Case study
Services Provided: End-to-end support with company share transfers in Lithuania and the USA (Montana), corporate account opening, AML/KYC policy development, regulatory compliance for FNTT and FinCEN, MICA licensing advisory, HR recruitment for C-level and AML roles, and payroll accounting services.
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