London-based crypto money and banking services provider Revolut has received approval from the UK Financial Conduct Authority (FCA) to offer crypto money services.
Revolut, September 26 was added to the UK Financial Conduct Authority’s “registered crypto firms” table. worldwide to more than 20 million users After a long wait, Revolut has gained legal status to be able to trade fully in crypto assets.
Revolut is a part of FCA, which has allowed companies to continue their activities while their applications are being reviewed in the past months. Temporary Registration Regime (TRR) had requested the authorization to buy and sell cryptocurrencies in the UK. This request was approved by the UK and the temporary service authorization was given to Revolut. At that time, it was included in the TRR system together with Revolut. unlike the other 4 institutionsto Revolut company full approval given recently.
On the other hand, Revolot USA It is also known that he has made applications to work on it legally and has recently expanded the scope of this application. This approval by the UK may also reflect the thoughts of the US side. can positively affect and can help the company grow its cryptocurrency operations globally.