# Assessing the scope of FCA cryptoasset registration and authorisation

> Registration and authorisation scope for cryptoasset activities must be assessed against the current FCA framework.

Canonical: https://legichain.com/en/resources/assessing-fca-cryptoasset-registration

Registration and authorisation scope for cryptoasset activities must be assessed against the current FCA framework. An explanation of the old regime is not automatically sufficient for new activities.

## Define the activity

The service offered, the customer relationship and the jurisdiction are the starting point for assessment. Do not use registration, authorisation and regulatory approval interchangeably.

## Control infrastructure

Identity verification and risk controls support specific parts of the operation. Using a provider does not guarantee a registration or authorisation outcome.

## Track transitions

Check the FCA's current announcements for the new regime and transitional provisions. Do not present historical application or waiting periods as firm estimates for new applications.

> This content is general information. Determine the requirements that apply to your institution from current official sources and your own assessment process.

**See the related product scope** → [Crypto-asset platforms solution](https://legichain.com/en/solutions/crypto-exchanges)

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Legichain — technology for identity verification, AML and blockchain screening. Contact: contact@legichain.com

