UK · Trust, risk & FCA
Honest about risk and regulation.
Cryptoassets are high risk and Furlpay is not yet FCA authorised. Here is exactly where we stand, what the risks are, and how we protect you.
Our FCA status (as of July 2026)
Furlpay is not currently authorised or registered by the Financial Conduct Authority. Under the new UK cryptoasset regime, the FCA authorisation gateway opens on 30 September 2026, firms may apply until 28 February 2027, and the regime becomes mandatory on 25 October 2027. We are preparing for it and will update this page as our status changes.
We do not overstate our position. If a claim about authorisation or registration is not on this page, we have not made it.
Key risks you should understand
- • You could lose all the money you put in. Cryptoasset values can fall sharply and without warning.
- • You are unlikely to be protected. Cryptoassets are not covered by the FSCS, and you may not have access to the Financial Ombudsman Service.
- • Stablecoins carry issuer and peg risk. USDC is designed to track the US dollar but is not guaranteed to hold its value.
- • Crypto is complex. Make sure you understand what you are buying and can bear the risk before you proceed.
How we protect you
Passkey + MPC custody
WebAuthn passkeys and 2-of-2 MPC — no seed phrase, phishing-resistant, no single point of key compromise.
Sanctions screening
Both sides of every payment are screened before settlement.
Open source
Core SDKs, CLI and the x402 facilitator are MIT-licensed and independently auditable.
Responsible disclosure
A published safe-harbour policy for reporting security issues.
UK questions
Is Furlpay authorised or registered by the FCA?
No. The FCA cryptoasset authorisation gateway opens on 30 September 2026, firms may apply until 28 February 2027, and the new regime becomes mandatory on 25 October 2027. Furlpay is preparing for the regime and is not currently FCA authorised.
Are my cryptoassets protected?
No. Cryptoassets are high risk. They are not regulated deposits, are not covered by the Financial Services Compensation Scheme (FSCS), and their value can fall as well as rise. You may lose all the money you put in.
What does the risk warning mean?
UK rules require a standard warning for cryptoasset promotions: don't invest unless you're prepared to lose all the money you invest, this is a high-risk investment, and you're unlikely to be protected if something goes wrong. First-time investors also get a 24-hour cooling-off period.
How does Furlpay keep funds secure?
Furlpay uses passkey (WebAuthn) authentication and 2-of-2 MPC custody, so there is no seed phrase and no single device can move funds alone. Payments are screened against sanctions lists, and core code is open-source and auditable.
Furlpay is not a bank and is not currently authorised by the FCA. Cryptoassets are high risk, are not covered by the FSCS, and can lose value. This page is information, not financial advice. Status accurate as of July 2026.