UK Regulator Extends Registration Deadline For Few Crypto Firms
Firms including Revolut, Copper, and ten other applicants would be allowed to continue trading using temporary licenses until a given additional time.
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Firms including Revolut, Copper, and ten other applicants would be allowed to continue trading using temporary licenses until a given additional time.
Bitcoin hovered around $47,000 Thursday morning after declining for two consecutive days.
Several large trading and digital banking companies could exit British markets if regulators crackdown on cryptocurrencies.
Financial Conduct Authority plans to shutter its temporary registration regime for cryptoasset businesses at month-end.
Recent data suggests that there are 81 Bitcoin ATMs located within the UK, operated by eight companies.