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UK FCA Rejects 87% of Crypto Firm Applications

Coinpedia LogoCoinpedia11h ago

UK FCA Rejects 87% of Crypto Firm Applications - Coinpedia

Quick Summary:

UK FCA has only accepted 4 registrations out of 35 submissions in the last 12 months.

This information has been revealed in the UK FCA annual report for 2024.

The organization must understand and comply with the AML regulations and appoint a Money Laundering Reporting Officer.

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UK FCA Rejects 87% of Crypto Firm Applications - Coinpedia (Picture 1)UK FCA Rejects 87% of Crypto Firm Applications - Coinpedia (Picture 2)

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Article Details

Author / Journalist: Zafar Naik

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 11:01:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 390 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22390552

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 23 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "UK FCA Rejects 87% of Crypto Firm Applications" has 390 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "UK FCA Rejects 87% of Crypto Firm Applications" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 23 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #22390552
  • URL: https://beamstart.com/news/uk-fca-rejects-87-of-17256220858535

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