Uphold Becomes a UK-Registered Crypto-Asset Firm After FCA Approval

A European subsidiary of US crypto-trading platform Uphold has received approval from the UK’s Financial Conduct Authority (FCA).

According to the FCA’s website, Uphold’s UK subsidiary, Uphold Europe Limited, obtained regulatory approval on Thursday, joining the shortlist of 32 companies that have received FCA approval as service providers. registered crypto assets out of the 200 who applied. Approval means the business is in compliance with UK anti-money laundering and anti-terrorist financing regulations.

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