Share this article
UK Firm Gets Regulatory Green Light to Offer Crypto Derivatives
London-based OTC firm B2C2 has just been authorized by the U.K.'s financial watchdog to offer cryptocurrency contracts for difference (CFDs).
Updated Sep 13, 2021, 8:51 a.m. Published Feb 1, 2019, 10:00 a.m.
B2C2, an electronic OTC trading firm and crypto liquidity provider, has just got the green light to offer crypto derivatives in the U.K.
The London-based firm announced Thursday that its subsidiary B2C2 OTC Ltd. is now authorized and regulated by country's financial watchdog, the Financial Conduct Authority (FCA), to arrange and deal in crypto contracts for difference (CFDs).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Crypto CFDs allow traders to predict the future price change of specific cryptocurrencies, and in turn, provide an opportunity to make profit in both rising and falling markets by going long or short.
B2C2 OTC’s CFD product offers exposure to bitcoin , , ether , and XRP, according to the announcement.
Max Boonen, B2C2 founder and CEO, said that, with the firm’s offering, “eligible counterparties and professional clients can now gain derivative exposure to the cryptocurrency markets” and avoid the “risks associated with crypto custody.”
The FCA’s authorization of a crypto derivatives product is a notable one, as in the past it has issued warnings over CFDs. In November 2017, the authority said: “Cryptocurrency CFDs are an extremely high-risk, speculative investment. You should be aware of the risks involved and fully consider whether investing in cryptocurrency CFDs is appropriate for you.”
Last April, though, the FCA said that it was likely to authorize crypto CFDs providers given that these products may be financial instruments under current directives. It said at the time: “Firms conducting regulated activities in cryptocurrency derivatives must, therefore, comply with all applicable rules in the FCA’s Handbook and any relevant provisions in directly applicable European Union regulations.”
The regulator has been moving to tighten oversight of the crypto space. Just last week, the FCA set out proposed guidance for how crypto assets should be regulated in the country. Yet, while aiming to protect against the perceived risks of the tech, it has taken a more positive stance on blockchain innovation, including accepting crypto startups into its regulatory sandbox.
image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support
BONK fell 4.5% as resistance near $0.00001010 capped early strength, sending the token into a tight consolidation band around $0.00000910.
What to know:
- BONK fell 4.5% after price was rejected near $0.00001010, reversing a brief early advance
- A 2.03T-token volume surge marked the session’s turning point and defined the resistance ceiling
- Price stabilized near $0.00000910 with repeated tests of nearby resistance, forming a developing consolidation base
Top Stories
