• Bitcoin

    UK FCA Gives Crypto Startups A Hindering Hand

    The United Kingdom is locking the door to virtual currency companies. Cryptocurrency companies in the nation are no longer allowed. Last month, the Financial Conduct Authority of the UK granted provisional licences to nominee firms aspiring to become accredited crypto-asset entities. That being said, a considerable degree of misunderstanding has emerged from the publishing of this list of temporarily approved firms among those who applied or were considering an application. The date for this licence to be obtained by businesses is January 10, 2021. Businesses who have a link inside the U.K. underneath the new rules. Until this date, they will no longer be able to work with or handle…