13% of applications approved: British regulator discloses crypto registration stats By Cointelegraph
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Since January 2020, 291 crypto companies have applied for registration with the principal financial regulator of the United Kingdom, the Financial Conduct Authority (FCA). Only 13% of them successfully obtained a permit to operate in the country.
On Aug11, the FCA published a response to a right-to-know request, whose author remains unnamed. The request considered four questions about the registration statistics of crypto asset businesses.
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Since January 2020, 291 crypto companies have applied for registration with the principal financial regulator of the United Kingdom, the Financial Conduct Authority (FCA). Only 13% of them successfully obtained a permit to operate in the country.
On Aug11, the FCA published a response to a right-to-know request, whose author remains unnamed. The request considered four questions about the registration statistics of crypto asset businesses.
Continue Reading on Coin Telegraph
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