Crypterium, a self-described fintech startup that aims to “bridge the gap between the crypto and traditional economies,” has been registered with the Financial Conduct Authority (FCA).
“Becoming an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a company that puts user security and accessibility first,” said Crypterium CEO Steven Parker in a prepared statement.
“Not only do we provide an excellent set of services, but now we can show that these are done with full compliance of some of the toughest assessment criteria,” he added.
Crypterium’s wallet is available in 170 countries around the world, and the contactless Crypterium Card VISA gives users the ability to transact and withdraw funds in ATMs internationally.
FCA’s approach to crypto
From January 2020, any crypto business operating in the UK had to start complying with anti-money laundering legislation, supervised by the FCA.
In the UK
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