Cleartoken Depository Limited
Reference number: 1016940
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On the register, but not FCA authorised
This firm is registered with the FCA for anti-money-laundering checks only, which is how cryptoasset firms are registered. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.
This is the company's money-laundering registration only. It separately holds full FCA authorisation under FRN 1017352 →.
What does this mean?
- Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
- What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
- It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
- So if the firm fails or treats you badly, there is no compensation to fall back on. The FCA's own position is that crypto is largely unregulated in the UK and that compensation for crypto losses is highly unlikely.
Same company
This company holds another FCA record
A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.
Identity
Check their details
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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Verified website
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No phone number on the FCA register
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Verified address
1 Bishops Square, London, E1 6AD, United Kingdom
- Cleartoken
Company details
From the company's Companies House record.
- Company number
- 15284284
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 14 November 2023 (2 years old)
- Registered office
- 1 Bow Churchyard, London, EC4M 9DQ, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Benjamin James Santos-Stephens | Director | Jan 1980 | 14 Nov 2023 |
| Nicola Jane Beattie | Director | Jan 1966 | 20 Feb 2024 |
| Henry James Daubeney | Director | Oct 1963 | 14 Feb 2025 |
| Claire Samantha Conby | Director | Sep 1976 | 25 Mar 2025 |
Activities and protection
What the record covers, and how you are protected
- Money-laundering registration onlyThis firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service generally does not cover unregulated cryptoasset activity.
Limits on the record
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To not operate a CATM
Cleartoken Depository Limited will not operate any machine which utilises any automated process or processes to exchange or assist in the exchange of cryptoassets for money or money for cryptoassets
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To not provide settlement of privacy coins
Cleartoken Depository Limited will not provide the following Cryptoasset services: - Settlement of cryptoassets that have privacy enhancing characteristics also known as 'privacy coins'
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Not offering services to retail customers
Cleartoken Depository Limited will not, without prior written consent from the Authority, offer or commence offering any services to retail customers.
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The Firm will not, without prior consent from the Authority, onboard as a participant any cryptoasset exchange provider unless it is regulated in a 5MLD equivalent jurisdiction.
The Firm will not, without prior consent from the Authority, onboard as a participant any cryptoasset exchange provider unless it is regulated in a 5MLD equivalent jurisdiction.
Track record
FCA actions and complaints
No FCA disciplinary action, and no complaints recorded with the Ombudsman.
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