UK regulator extends deadline for crypto firms to make it onto a key register

UK regulator extends deadline for crypto firms to make it onto a key register

  • A select few firms, including Revolut and Copper, will be allowed to continue trading after a temporary register closes Friday, the FCA said.
  • The temporary register has shrunk considerably in recent weeks, with B2C2 and Wirex among those withdrawing their applications.
  • The deadline extension comes as British officials are set to announce a new regulatory regime for crypto as soon as next week.

The U.K.'s Financial Conduct Authority said Wednesday it is giving some crypto companies more time to register with the regulator beyond an original Mar. 31 deadline.

I’m curious the new regulatory regime?