🇬🇧 How much does a crypto licence in United Kingdom cost?
Cost model verified: oldest component 2 days ago (verified 2026-07-06).
~EUR 30k cash over three years
Range EUR 21k to EUR 40k.
Confidence: Medium
Modelled scenario: Cryptoasset business registration with the FCA under the Money Laundering Regulations (AML registration, not FSMA authorisation; the new FSMA cryptoasset regime starts 25 October 2027). No minimum capital requirement attaches to MLR registration, so no capital line is modelled.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee
Source: https://www.fca.org.uk/firms/authorisation/apply/fees FCA pricing Category 6 (fee-block G23, cryptoasset businesses): GBP 11,150, non-refundable even if the application is withdrawn or refused. Page last updated 3 March 2026. Accessed 2026-07-06. |
GBP 11,150 EUR 13,055 |
- | - | EUR 13,055 | verified |
| Ongoing | |||||
| Supervision fee
Source: https://www.fca.org.uk/publication/policy/ps26-14.pdf Rates read from PS26/14 (FCA regulated fees and levies 2026/27); the income at the high end is an assumption, stated in the formula note. Accessed 2026-07-06. |
GBP 2,251 to GBP 7,660 EUR 2,635 to EUR 8,968 |
GBP 2,251 to GBP 7,660 EUR 2,635 to EUR 8,968 |
GBP 2,251 to GBP 7,660 EUR 2,635 to EUR 8,968 |
EUR 7,906 to EUR 26,905 | estimate |
| Three-year cash total | EUR 15,690 to EUR 22,023 | EUR 2,635 to EUR 8,968 | EUR 2,635 to EUR 8,968 | EUR 20,961 to EUR 39,960 | |
Totals cover the components listed only. Point values are fee-schedule figures; ranges sum their lows and highs independently, so the spread is deliberately conservative. Converted at reference rates as of 2026-07-07.
These are representative scenarios
Your activity classes, volumes and team shape change the numbers. For a capital calculation and cost model built for your exact case, commission a bespoke report (£950), human-prepared and sourced.
Commission a bespoke report