Largest Digital Asset Broker Registers in UK

LONDON – The world's largest digital asset trading broker, TP ICAP, has registered with the British Financial Services Agency (FSA) as a digital asset provider. This is a big move for not only a digital asset provider, but for digital assets more broadly. 

Fusion Digital Assets, our wholesale marketplace for spot cryptoassets, has successfully registered as a cryptoasset exchange provider with the UK’s Financial Conduct Authority (FCA). Read more: https://t.co/Sp8k3NUola pic.twitter.com/uY16Hu9EWv

— TP ICAP Group PLC (@TPICAPGroupPLC) December 1, 2022

The company, also known as Tullett Prebon (Europe) Ltd., is a giant in the traditional financial wholesale market. Working in close collaboration with the custodian Fidelity Digital Assets, the brokerage matches digital asset orders and sport currency transactions. 

Being registered with the FSA means that the company is working in compliance with British law regarding money laundering regulations. TP ICAP is currently maneuvering to enter the cryptocurrency sector through its digital asset market known as Fusion.