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FCA Regulation & Compliance

Fully authorized and regulated cryptocurrency services in the United Kingdom

Our FCA Registrations

Operating through two fully authorized entities under Financial Conduct Authority oversight

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Payward Limited

FRN (Firm Reference Number)
928768
Registered Company Number
08593670
Type
MLD Cryptoassets
Status
✓ MLRs Registered
Registered Since
23 November 2021

Authorized Activities:

  • ✓ Cryptoasset Exchange Provider
  • ✓ Custodian Wallet Provider
💳

Payward Services Limited

FRN (Firm Reference Number)
1010381
Registered Company Number
12861311
Type
EMD (E-Money Institution)
Status
✓ Authorised EMI
Authorized Since
20 February 2025

Authorized Activities:

  • ✓ Issuing Electronic Money
  • ✓ Payment Services
  • ✓ GBP Deposit/Withdrawal Services

Registered Address for Both Entities:

6th Floor, 1 London Wall, London, EC2Y 5EB, United Kingdom

Contact: +44 (0) 808 501 5031

Verify Our FCA Registration

You can independently verify our FCA registration on the official Financial Services Register

Or search manually: register.fca.org.uk

Compliance & Consumer Protection

How FCA regulation protects you as a UK cryptocurrency trader

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Anti-Money Laundering (AML)

We implement robust AML procedures including customer due diligence, transaction monitoring, and suspicious activity reporting to comply with UK Money Laundering Regulations 2017.

Know Your Customer (KYC)

Comprehensive identity verification processes ensure all users are properly verified, protecting both the platform and legitimate users from fraud and illegal activities.

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Asset Safeguarding

Customer funds are protected through segregated accounts, institutional-grade custody solutions, and strict operational procedures mandated by FCA authorization.

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Transparent Reporting

Regular reporting to the FCA ensures operational transparency, financial stability, and adherence to regulatory standards at all times.

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Fair Treatment

We are committed to treating customers fairly with clear terms, transparent pricing, and accessible complaint procedures as required by FCA principles.

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Data Protection

Full compliance with UK GDPR and Data Protection Act 2018, ensuring your personal information is handled securely and responsibly.

Consumer Protection Information

Understanding your rights and protections

⚠️ Important Notice

This firm is shown on the Register because it is now, or was previously, registered with the FCA (or relevant regulatory body). However:

  • You will not be able to complain about this firm to the Financial Ombudsman Service regarding certain cryptoasset activities
  • You will not be able to make a claim to the Financial Services Compensation Scheme if this firm goes out of business owing you money for cryptoasset activities

This is because cryptoasset activities are not currently covered by these consumer protection schemes in the UK.

What Protection Do You Have?

Financial Ombudsman Service (FOS): May be able to consider complaints about the Electronic Money Institution activities (Payward Services Limited), but not cryptoasset exchange activities.

Financial Services Compensation Scheme (FSCS): Will not be able to provide compensation for cryptoasset activities if the firm fails.

FCA Regulation: While not providing compensation schemes, FCA registration means the firm must meet strict operational, security, and conduct standards.

💡 Best Practices

  • Only invest what you can afford to lose
  • Understand the risks before trading cryptocurrency
  • Use strong security practices (2FA, strong passwords)
  • Regularly review your account activity
  • Keep records of all transactions for tax purposes

Contact & Complaints

How to reach us and make a complaint if needed

General Inquiries - Payward Limited

📍 6th Floor, 1 London Wall, London, EC2Y 5EB, United Kingdom
📞 +44 (0) 808 501 5031

General Inquiries - Payward Services Limited

📍 One London Wall, 6th Floor, London, EC2Y 5EB, United Kingdom
📞 +44 (0) 808 501 5031

Making a Complaint

If you have a complaint about our services:

  1. Contact us directly using the contact details above
  2. Provide full details of your complaint in writing
  3. We will acknowledge your complaint and investigate
  4. You will receive a response within the timeframes required by FCA rules

Escalation: If you are not satisfied with our response, you may be able to refer certain complaints to the Financial Ombudsman Service (for EMI-related activities only) or report concerns to the FCA.

Report to the FCA

If you have concerns about a firm listed on the Register, you can contact the FCA directly:

Website: www.fca.org.uk/contact

If you suspect you have been contacted by an unauthorised firm carrying out FCA-regulated activities, report it using the FCA's online reporting form.

Trade with Confidence

Now that you understand our regulatory status, start your cryptocurrency journey