FCA fails to register crypto asset firms by cut-off
Regulator establishes temporary registration regime for firms which submitted application on time
The UK’s Financial Conduct Authority has established a temporary registration regime for crypto asset firms, having failed to register all firms that applied earlier this year.
In a statement, the regulator said it had not been able to assess and register every application due to “the complexity and standard of the applications received”. The pandemic had also prevented the FCA from visiting certain firms as planned.
On January 10, the FCA became the anti-money laundering supervisor for
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