FCA extends registration deadline for crypto businesses amid delays

The Financial Conduct Authority (FCA) has announced that it will extend the deadline for the registration of cryptoasset businesses under the Temporary Registrations Regime (TRR), as a high number of firms are not meeting the required standards.

The deadline is being extended from 9 July 2021 to 31 March 2022. Originally, the TRR was set up to allow existing cryptoasset firms, which applied for registration before 16 December 2020, to continue...