ISby u/ishaan_shah·2hDiscussion

Onboarding for UK Ltds with Crypto Exposure - KYC/KYB Hurdles

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Been exploring options for a new PropCo setup, UK-registered Ltd, with a mandate that includes some crypto exposure, specifically holding $BTC as a treasury asset alongside traditional forex. The friction on the KYB side for any broker or PSP that can handle both regulated FX/CFDs and touch crypto is surprising. It feels like a lot of providers either excel in one or the other, but not both without significant hoops. Specifically, for an entity that's not a crypto-native business but simply diversifying its treasury, the additional scrutiny and documentation requests for what feels like fairly standard corporate structure are quite intense. Anyone else seeing this, and more importantly, found any solid solutions that don't involve completely separate banking/brokerage for the fiat vs. crypto side?

1 comments · 8 points
MDu/mariam.demir·33m

Definitely seeing that split too. It's like the compliance departments for traditional finance and crypto are still operating in completely separate universes, making it tough for entities bridging the gap.

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