PayPal UK successfully registered as a cryptographic service provider
On November 1st, payment giant PayPal has successfully registered as a cryptocurrency service provider with the UK Financial Conduct Authority (FCA). According to information on the regulator's website, PayPal UK Limited is now allowed to carry out "specific crypto asset activities" from Tuesday. Companies offering crypto services in the UK must obtain registration approval and comply with FCA's anti-money laundering rules.
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