Crypto payments app MoonPay secured registration with the U.K.’s Financial Conduct Authority (FCA) as of Dec 9.Â
With compiling with local money laundering rules Moonpay joins firms like Bitpanda, Revolut, and Tullett Prebon, which provide financial infrastructure, in achieving a status that has seen many cryptocurrency startups fail.
According to FCA authorities, only 5% of applications received under a recent temporary registration system for the crypto sector were complete.
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