Schedule 10, Part 2, paragraph 7(1AB)

For the purposes of sub-paragraph (1)(j), “cryptoasset exchange provider” means a firm or sole practitioner who by way of business provides one or more of the following services, including where the firm or sole practitioner does so as creator or issuer of any of the cryptoassets involved— exchanging or arranging or making arrangements with a view to the exchange of, cryptoassets for money or money for cryptoassets, exchanging, or arranging or making arrangements with a view to the exchange of, one cryptoasset for another, or operating a machine which utilises automated processes to exchange cryptoassets for money or money for cryptoassets.

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Source: legislation.gov.uk · retrieved 2026-09-04