United Kingdom

Regulatory Policy
Unknown
GDP (USD)
280.38B
Population
66.80M
Exchange Registration
1402
Exchange Business
0
Exchange Field Survey
0

Trading environment analysis

Surprisingly, the United Kingdom cryptocurrency regulation is much different than that of a country like the USA. They actually view Bitcoin and other digital money as a foreign currency, and that means taxes and VAT apply differently than they would in a nation where it is viewed as property.

Coins and tokens are not regulated, and that gives the users of them much more freedom than they would in other nations. When simply exchanging currencies VAT does not apply, but it will if those currencies are used to purchase goods and services. Investors will also owe capital gains taxes on profits.

It seems though that when it comes to business the UK is taking a far different stance than the US. Thanks to the Brexit fiasco many companies are moving away from the country, and it seems being more welcoming to blockchain companies is being used as a way to lure them back to acquire much-needed jobs and tax revenue from these new blockchain entities.

However, it seems that crypto friendly nations like Estonia and Malta are way ahead of them, and they'll need to do a lot to entice blockchain companies to set up shop on the mainland instead where things are often viewed as less favorable.

Regulated exchange Exchange Field Survey
Regulators
Regulated Exchange
LCG
Details

A Visit to LCG in UK - No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange LCG as planned, but didn’t find the company at its regulatory address. It suggests that the company doesn’t have a physical business office at the place. Therefore, investors are advised to choose the exchange cautiously.
Danger
United Kingdom
Aug 15, 2023
TRADE.COM
Details

A Visit to TRADE.COM in UK - Office Unconfirmed

The survey personnel went to London, UK to visit the cryptocurrency exchange TRADE.COM as planned, and was unable to enter the office building with its gate being closed at its regulatory address. Therefore, it is uncertain if the broker has a physical business office there. And investors are advised to choose this exchange cautiously.
Danger
United Kingdom
Jul 6, 2023
FXTM
Details

A Visit to FXTM in UK - No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange FXTM as planned, but didn’t find the company’s office at its regulatory address, which suggests that the company doesn’t have a physical business office here. Therefore, investors are advised to choose this exchange carefully.
Danger
United Kingdom
Jun 27, 2023
Blockchain.com
Details

A Visit to Blockchain in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange Blockchain as planned, but did not find the office of the exchange at its publicly displayed business address, which means that the cryptocurrency exchange Blockchain may not have a physical business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Feb 13, 2023
OvalX
Details

A Visit to ETX CAPITAL in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange ETX CAPITAL as planned, but did not find the office of the exchange at its publicly displayed business address, which means that the cryptocurrency exchange ETX CAPITAL may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Jan 5, 2023
FXopen
Details

A Visit to FXopen in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange FXopen as planned, but did not find the office of the exchange on its publicly displayed business address, which means that the cryptocurrency exchange FXopen may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Sep 7, 2022
BLACKWELL GLOBAL
Details

A Visit to BLACKWELL GLOBAL in UK -- Office Found

The investigators went to London, UK to visit the cryptocurrency exchange BLACKWELL GLOBAL as planned, and confirmed that there is a company named “Blackwell Global Investments (UK) Limited” at this address, which means that the cryptocurrency exchange BLACKWELL GLOBAL has a real business venue. Investors are advised to choose this exchange carefully.
Good
United Kingdom
Sep 7, 2022
capital.com
Details

A Visit to capital.com in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange capital.com as planned, but did not find the office of the exchange on its publicly displayed business address, which means that the cryptocurrency exchange capital.com may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Aug 26, 2022
BINARICX
Details

A Visit to BINARICX in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange BINARICX as planned, but did not find the office of the exchange on its publicly displayed business address, which means that the cryptocurrency exchange BINARICX may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Aug 4, 2022
HFM
Details

A Visit to hot forex in UK -- No Office Found

The survey personnel went to London, UK to visit the cryptocurrency exchange hot forex as planned, but did not find the office of the exchange on its publicly displayed business address, which means that the cryptocurrency exchange hot forex may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Aug 3, 2022
FXCM
Details

A Visit to FXCM in UK -- Office Confirmed Existed

The survey team went to London, UK, to visit the cryptocurrency exchange FXCM as planned, and the dealer's logo could be found on its publicly displayed address, indicating that the dealer has a real place of business. Unfortunately, the surveyors were not able to visit and photograph the interior of the company, so the specific scale of its exhibition business was unknown. Investors are advised t
Good
United Kingdom
Jun 9, 2022
Crypto Facilities
Details

A Visit to the Cryptocurrency Exchange crypto facilities in UK - Finding No Office

The survey team went to London, UK to visit the cryptocurrency exchange crypto facilities, and found no business premise of the exchange, which means the given business address was fake. Please be prudent if trading with this exchange.
Danger
United Kingdom
Dec 8, 2021
BKEX
Details

A Visit to the Cryptocurrency Exchange BKEX in UK - Finding No Office

The survey team went to Tortora, UK to visit the cryptocurrency exchange BKEX, and found no business premise of the exchange, which means the given business address was fake. Please be prudent if trading with this exchange.
Danger
United Kingdom
Dec 7, 2021
wirex
Details

A Visit to the Cryptocurrency Exchange wirex in UK -- Finding No Office

The investigators went to visit the cryptocurrency exchange wirex in London, England as planned, and did not find the exchange's office on its publicly displayed address, which means that the cryptocurrency exchange wirex may not have a real business venue. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Dec 8, 2021
GCEX
Details

A Visit to the Cryptocurrency Exchange GCEX in UK - Finding No Office

The survey team went to London, UK to visit the cryptocurrency exchange GCEX, and found no business premise of the exchange, which means the given business address was fake. Please be prudent if trading with this exchange.
Danger
United Kingdom
Dec 8, 2021
HANTEC Markets
Details

A Visit to the Cryptocurrency Exchange Hantec Markets in UK - Finding No Office

The survey team went to London, UK to visit the cryptocurrency exchange Hantec Markets, and found no business premise of the exchange, which means the given business address was fake. Please be prudent if trading with this exchange.
Danger
United Kingdom
Dec 7, 2021
MercuriEX
Details

A Site Visit to the Cryptocurrency Exchange MercuriEx in London, UK to Find No Real Business Premises Here

The investigators went to London, UK to visit the cryptocurrency exchange MercuriEx. Its public business address was in the countryside of London but the investigators didn't find the exchange’s logo or name, indicating that the cryptocurrency exchange MercuriEx may not have a real business premises. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Jan 27, 2021
cashaa
Details

A Visit to the Cryptocurrency Exchange cashaa in UK - Finding No Office

The survey team went to London, UK to visit the cryptocurrency exchange cashaa, and found no logo or name of exchange on its business premise, which means the given business address might be fake. Please be prudent if trading with this exchange.
Danger
United Kingdom
Jan 27, 2021
namebase
Details

A Site Visit to namebase, a Cryptocurrency Exchange in London, UK – Fake Business Venue

The investigation team tried to visit namebase in London, UK. However, they did not find the office of the exchange at the business address on the regulatory information, which indicates that namebase does not have a real business venue. Investors are advised to choose this exchange prudently.
Danger
United Kingdom
Jan 27, 2021
n.exchange
Details

A Site Visit to cryptocurrency exchange Nexchange in London, UK, there is no real business venue

The field survey personnel visited the cryptocurrency exchange Nexchange in London, England. They did not find the office venue of this exchange on its publicly displayed address. That is, there is no real business venue for cryptocurrency exchange Nexchange. Investors are advised to choose this exchange carefully.
Danger
United Kingdom
Jan 27, 2021