The UK’s Financial Conduct Authority (FCA) added fintech unicorn Revolut to its cryptoasset firm register, bringing the list of companies permitted to carry out crypto asset activities in the country to 38.
The company was previously operating under the FCA’s Temporary Registration Regime.this week, bringing the list of companies permitted to carry out cryptoasset activities in the country to 38.
Amid a glut of applications for approval, the FCA later extended the deadline. The neobank was the last remaining firm on the register until yesterday. Over 60 other applications were denied or had withdrawn from the official register.
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