Bitcoin

From January 2020, around 300 cryptocurrency companies have sought registration with the Financial Conduct Authority (FCA), but only 38 of them have received approval.Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://docs.google.com/forms/d/e/1FAIpQLSciKgFf70x1zJQZ2nukipsu8lX_21zHvrPbxPTMdmTmEC-CJg/viewform" rel="noopener noreferrer nofollow">Join Now</a>Since January 2020, about 291 cryptocurrency companies have sought permission to operate from the Financial Conduct Authority (FCA), the UK’s main financial regulator. However, only 38 of these companies, which is about 13%, have been <a href="https://cryptosheadlines.com/brazil-grants-payment-institution-approval-to-binance-leading-cryptocurrency-provider/" rel="noopener noreferrer nofollow">granted approval</a> to function in the country.<blockquote>On August 11, the FCA responded to an undisclosed requester’s inquiry, <a href="https://cryptosheadlines.com/securities-clarity-act-re-introduced-to-address-crypto-regulation-challenges/" rel="noopener noreferrer nofollow">addressing four questions related to the registration statistics of crypto</a> businesses. The FCA <a href="https://www.fca.org.uk/freedom-information/information-crypto-asset-businesses-october-2022" rel="noopener noreferrer nofollow">shared</a> that it received a total of 291 applications for registration since 2020, out of which only 38 were approved. <a href="https://cryptosheadlines.com/british-regulator-reveals-13-crypto-registration-approval-rate/" rel="noopener noreferrer nofollow">Read More...</a></blockquote>

British Regulator Reveals 13% Crypto Registration Approval Rate

CryptosHeadlines.com

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