PayPal Gets UK Nod to Offer Crypto Asset ServicesNovember 06, 2023 at 11:05 AM EST
PayPal has officially obtained registration for its cryptocurrency activities in the United Kingdom, according to the Financial Conduct Authority website. This marks a significant step for the global payment giant as it establishes a post-Brexit footprint in Britain. The approval was granted to PayPal U.K. Ltd. on Oct. 31, 2054, making it the fourth company to receive FCA registration for cryptocurrency-related operations in the current year, following in the footsteps of Komainu, Bitstamp and Interactive Brokers. Despite this milestone, PayPal UK.’s journey into the… About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer CryptoCurrencyWire CryptoCurrencyWire is powered by IBN More NewsView More
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