UK FCA accelerates crypto approval: application approval rate has recently increased to 45%
2025-09-21 04:12:05
On September 21st, according to the Financial Times, the UK's Financial Conduct Authority (FCA) has significantly improved the efficiency of processing cryptocurrency registration applications. Data show that as of April this year, the registration process for crypto asset providers took only five months on average, a significant decrease from 17 months two years ago. The recent application approval rate has risen to 45%, far higher than the level of less than 15% in the previous five years.
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