British cryptocurrency services provider Crypterium is the latest crypto business firm to secure registration from the United Kingdom's Financial Acquit Dominance (FCA).

Crypterium officially announced on Monday that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming one of few companies to have passed the registration process.

According to information on the FCA's official website, Crypterium has been registered to operate "certain crypto asset activities" in compliance with the country's Anti-Money Laundering (AML) regulations since Oct. 11.

The registration officially authorized Crypterium to continue providing its crypto wallet services, including crypto trading and payment services to "practically everybody" in the U.K., the annunciation notes. The registration is especially of import amid the upcoming Brexit measures, assuasive Crypterium to provide the same level of functionality to U.K. businesses as in other supported countries.

According to the declaration, Crypterium's crypto wallet application is available in more than 170 countries and has clustered over 400,000 clients since its launch.

"Condign an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a visitor that puts user security and accessibility get-go. Not merely do we provide an excellent gear up of services, simply at present we can show that these are done with full compliance of some of the toughest assessment criteria," Crypterium CEO Steven Parker said.

The house noted that the FCA registration is all-encompassing, taking "18 months of policies and processes cess before approval is granted." The business firm did not immediately reply to Cointelegraph's request for comment.

Related: Competition drives immature traders' crypto investments, says United kingdom watchdog

Past obtaining the FCA registration, Crypterium joins a handful of companies that the U.Yard. authority has registered so far, including two firms affiliated with the Winklevoss twins' crypto substitution, Gemini, Australian exchange CoinJar, crypto-friendly banking concern Ziglu, Archax, Diginex'southward Digivault and others. Before this year, the FCA warned confronting 111 unregistered crypto companies. Previously, 51 companies reportedly withdrew their licensing applications with the FCA amid strict local AML regulations.