Cryptoasset approvals surge as FCA softens stance Crypto The approval rate for cryptoasset firm registrations has surged, Morning Wire can reveal, in signs the UK’s financial watchdog is softening its stance towards the crypto industry. As many as 13 cryptoasset firm registrations were approved by the Financial Conduct Authority (FCA) in the year to April 2026, a more than doubling compared to 2024, [...]
‘Dual squeeze’: FCA approvals for e-money licences plummet Fintech The number of successful applicants for e-money licences has plummeted in the last few years raising further questions over a slow down in market growth. Fresh figures – revealed in a Freedom of Information request by financial regulation consultancy Pathlight Associates – showed just 35 applicants were able to bag an electric money institution (EMI) [...]
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires Fintech The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.