Tag: FCA

Kraken-owned Subsidy in the United Kingdom Gets FCA Approva

Kraken-owned Subsidy in the United Kingdom Gets FCA Approval

UK's leading financial regulators have given their approval to Crypto Facilities, a wholly-owned subsidiary of prominent crypto exchange Kraken. CryptoĀ FacilitiesĀ hasĀ receivedĀ anĀ MLRĀ licenseĀ fromĀ theĀ FinancialĀ ConductĀ AuthorityĀ (FCA),Ā indicatingĀ thatĀ itĀ isĀ nowĀ compatibleĀ withĀ theĀ UK'sĀ anti-moneyĀ launderingĀ legislation,Ā makingĀ itĀ oneĀ ofĀ theĀ selectĀ fewĀ cryptoĀ companiesĀ toĀ haveĀ FCAĀ approval. The approval is especially welcome for the Kraken exchange, as ...

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