It joins the likes of crypto exchange Bitpanda, financial technology company Revolut and financial infrastructure provider Tullett Prebon in gaining a status that has seen many crypto companies fall by the wayside. Speaking to lawmakers on Wednesday, FCA officials said that only 5% of applications received under a recent temporary registration regime for the crypto sector were up to scratch.
Source: https://www.coindesk.com/policy/2022/12/12/crypto-payments-app-moonpay-gains-uk-regulator-registration/?utm_medium=referral&utm_source=rss&utm_campaign=headlines