News > UK watchdog dismisses criticisms over crypto authorisations
UK watchdog dismisses criticisms over crypto authorisations
The Hindu | 29/09/2022 07:52 PM | Click to read full article
Crypto companies were undeterred by the initial failure to obtain licences to operate in Britain and were submitting new applications, the FCA said.
The FCA has been criticised by lawmakers and the crypto sector for being slow in processing licence applications and for rejecting swathes of applicants despite the UK government's push to make London a global crypto hub.
