28 September 2022

Revolut approved by FCA to offer crypto buying and selling

Written By FinTech Alliance

Revolut approved by FCA to offer crypto buying and selling

Revolut has been accepted on the Financial Conduct Authority (FCA)’s register of crypto asset firms.

In Brief: 

The company has been offering buying and selling services in the UK under a temporary waiver this March. 

It now has achieved full authorisation, having been offering crypto trading since 2017. 

The FCA offered a temporary waiver while full authorisation was pending.

What does this mean? 

Reportedly, anti-money laundering has been causing the hold up, with issues now presumably resolved given the FCA has processed the full licence. Revolut is still waiting for approval for a banking licence here in the UK. 

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