38 Cryptocurrency Firms Already Received FCA Approval for Registration

Odaily Planet Daily News Since January 2020, nearly 300 cryptocurrency companies have applied for registration with the Financial Conduct Authority (FCA), of which 38 have been approved, and most applications (155) have been withdrawn by the companies themselves. Because the FCA encourages them to resubmit their application later if all criteria are not met. As of press time, the list of FCA-registered crypto asset providers includes 42 entities, including companies such as Skrill, eToro and Gemini. (cointelegraph)