CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
cryptonews 2023-08-14 18:24:00

Registration Statistics: British Regulator Approves Just 13% Of Crypto Firm Applications - What’s Going On?

UK’s financial regulator says it has approved only 13% of the total applications by cryptocurrency companies for registration with the body. The Financial Conduct Authority (FCA) has disclosed that from January 2020, only 38 applications have scaled through out of 291 since it started the new registration process. The recent statistics come as the FCA published its response to an anonymous right-to-know request about the status of its registration process so far. ... Read More: Registration Statistics: British Regulator Approves Just 13% Of Crypto Firm Applications - What’s Going On?

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.