Crypterium Crypto Wallet obtains FCA registration

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London, UK, October 25, 2021 (GLOBE NEWSWIRE) – (Blockchain Wire) Crypterium, the cryptocurrency wallet app with over 400,000 customers in over 170 countries, was recently registered by Financial Conduct UK Authority (FCA) for providing cryptocurrency services to UK citizens and businesses (registered company), one of the few companies that has passed the registration process out of nearly 200 who have applied to ‘now.

This registration ensures that as the Brexit measures take effect, Crypterium can continue to provide its crypto wallet services, including its Visa crypto cards and exchange functions, to virtually anyone in the UK. Not only that, but its market-leading B2B offering can provide the same level of functionality for UK businesses. FCA crypto registration is an extensive and detailed process, taking nearly 18 months of policy and process evaluation before approval is granted. This highlights the quality of the compliance systems and procedures applied by Crypterium as well as the small number of companies approved to date.

Firms that can take the UK’s tough approach to crypto regulation will clearly be on the right regulatory path in other markets that will certainly follow the approach of respected financial centers such as the UK. Not only that, but customers can conduct their crypto transactions knowing that their preferred crypto application meets the strictest compliance requirements.

“Becoming an FCA registered firm is a fantastic opportunity. Now, interested parties will see Crypterium in a new light, a company that prioritizes user security and accessibility. Not only do we provide an excellent set of services, but now we can show that these are fully compliant with some of the strictest review criteria. Crypterium CEO Steven Parker.

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About Cryptérium

Crypterium Wallet brings together all the services you need, where you need them. The wallet is available in more than 170 countries. You can download Crypterium Wallet on iOS and Android devices, or access it with your desktop. Crypterium was the first company to develop a crypto-to-fiat payment card available in over 180 countries. The free contactless Crypterium Card VISA gives every holder of digital assets the ability to instantly pay at over 42 million retailers around the world and withdraw at ATMs around the world. More info on https://crypterium.com

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