Yes for regulated crypto businesses, no for individuals.
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | yes (2) | source · checked 8 September 2026 |
| Stablecoin off-ramp | partial (1) | source · checked 8 September 2026 |
| Business accounts for Web3 | yes (2) | source · checked 8 September 2026 |
| Custody | no (0) | source · checked 8 September 2026 |
| Staking and yield | no (0) | source · checked 8 September 2026 |
| Card | no (0) | source · checked 8 September 2026 |
| Multiple jurisdictions | yes (2) | source · checked 8 September 2026 |
| Open to retail | no (0) | source · checked 8 September 2026 |
Total 7 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
Scores are revised when a bank's documents change. Each revision is dated and sourced.
| 8 September 2026 | Multiple jurisdictions | partial to yes | source |
| Jurisdiction | UK |
| Type | Business banking |
| Health tag | Solid Clearing bank settling at the Bank of England, three consecutive profitable years. · checked 26 August 2026 |
| Last verified | 8 September 2026 |
| 2024 | ClearBank Europe N.V. registered with De Nederlandsche Bank as a credit institution on 25 July 2024 after an ECB licence, adding EUR accounts, SEPA and T2 to the group. source |
| 2025 | Co-founder Charles McManus stepped down as CEO in March 2025 and CFO Mark Fairless took over. In October the bank signed a framework agreement with Circle to join Circle Payments Network and offer USDC and EURC. source |
| 2026 | The Dutch AFM confirmed ClearBank Europe as a crypto-asset service provider under MiCAR on 9 April 2026, allowing it to offer EURC and USDC through Circle Mint. UK pretax profit reached £12.2m, the third profitable year in a row. source |
No. ClearBank only provides banking to other regulated financial institutions. It has no consumer accounts and no retail fees. If you use Coinbase in the UK, its GBP savings account with FSCS cover is powered by ClearBank in the background, but your relationship is with Coinbase.
Yes. Kraken uses ClearBank as its main UK bank for GBP clearing over Faster Payments. Coinbase has run its GBP on and off ramps through ClearBank since 2019, Gemini joined in 2020, and Bybit EU is banked by ClearBank Europe. A crypto firm needs to be regulated as an EMI or payment institution, an investment firm, or hold FCA cryptoasset registration to qualify.
Only if your firm is an onboarded regulated institution in Europe. ClearBank Europe became a MiCAR crypto-asset service provider in April 2026 and mints and redeems EURC and USDC at par through Circle Mint. There is a one-off onboarding fee, a monthly platform fee and a percentage redemption fee, but the figures are not published.
No. Clients keep control of their own wallets and ClearBank handles settlement and compliance. Taurus provides the wallet infrastructure behind ClearBank's own stablecoin operations, not custody for clients. There is no staking, no yield product and no card.