Breaking News
LAST CHANCE for Cyber Monday SALE: Up to 54% off InvestingPro! Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

The FCA Registers Crypterium to Offer Its Crypto Services in UK

CryptocurrencyOct 26, 2021 11:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
The FCA Registers Crypterium to Offer Its Crypto Services in UK

  • The UK Financial Conduct Authority (FCA) registers Crypterium.
  • This will allow Crypterium to provide its crypto wallet and trading activities to citizens and companies in the UK.

Surprisingly, the UK Financial Conduct Authority (FCA) has registered Crypterium to provide its crypto services to citizens and companies in the country.

In place of a few tech firms that applied, Crypterium happens to be the only first fintech provider to have obtained the registration, while others are still nagging the FCA. This achievement represents a sweet treat for Crypterium to increase its crypto momentum mainly in the UK.

Moreover, following the UK’s anti-money laundering (AML) rules, Crypterium will operate under “certain crypto asset activities.” Also, this registration further allows Crypterium to offer its crypto wallet services, digital assets trading, and payment services to everybody in the UK.

On a technical note, the authority approved the Crypterium’s registration to meet upcoming Brexit measures, according to the report. In essence, this then allows Crypterium to bring the same level of its crypto functionality to the UK.

At the moment, Crypterium’s wallet application can now be found in over 170 countries which have garnered more than 400,000 clients since its inception.

Crypterium CEO Steven Parker said,

Becoming an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a company that puts user security and accessibility first. Not only do we provide an excellent set of services, but now we can show that these are done with full compliance of some of the toughest assessment criteria.

So far, this milestone has granted Crypterium the opportunity to join lots of companies that have already registered. To name a few of them, the already registered companies include Winklevoss twins’ crypto exchange Gemini, CoinJar, Ziglu, and others.

Continue reading on CoinQuora

The FCA Registers Crypterium to Offer Its Crypto Services in UK
 

Related Articles

UAE issues first NFT stamps in the Middle East
UAE issues first NFT stamps in the Middle East By Cointelegraph - Nov 30, 2021

The United Arab Emirates’ postal operator is issuing nonfungible token (NFT) stamps to commemorate the federation’s 50th National Day, offering further evidence that...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email