The FCA had ordered Binance to cease carrying out regulated activity in the U.K.
More than half of institutional investors plan to invest more in crypto by 2023, according to a survey.
Rollout of PayPal's first expansion of its crypto offering outside the U.S. will begin this week.
The "PayPal for crypto" service Ramp has become the eighth firm to win registration with the U.K financial watchdog.
The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.
The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.
The crypto exchange is looking for a U.K.-based ex-regulator or government official, according to people familiar with the plans.
Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.
The FCA is warning consumers, banks and payment services about dealing with unregistered crypto-asset firms.
The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”
Ramp brands itself as the "PayPal for crypto" service.
The paper focuses on the effects of private stablecoins on the cost and availability of lending and the challenges for monetary policy.
“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.
The FCA's decision not to enforce its own January registration deadline is little comfort to crypto startups that have been in limbo for months.
The crypto industry reacts to a big move from the United Kingdom's Financial Conduct Authority, which banned crypto derivatives.