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FCA Sees 59% Surge in Crypto Registrations Before New Regs

Guavy AI Editorial Team
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MEW
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The Financial Conduct Authority (FCA) has seen a significant increase in cryptocurrency service provider registrations ahead of its landmark regulatory framework. According to recent data, approvals rose by 59% in the 12 months leading up to June.

This surge comes as the FCA prepares to roll out its supervisory regime for the industry. The increased interest from crypto firms is a clear indication that they are taking the upcoming regulations seriously.

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