Seeing the news that the UK FCA has opened applications for crypto company licenses, the two sides in the group are arguing about it pretty fiercely. I’ll also throw a question into the mix to chat with everyone.
One side of my friends thinks this is a major positive: the UK is already one of Europe’s most core financial hubs. Now it’s genuinely opening up licensing for crypto companies, which means the compliance channel in mainstream developed countries is truly open. Going forward, compliant crypto firms can expand in the UK with legitimacy and clarity, and European institutional capital will be more willing to move in that direction as well. The logic for long-term incremental capital is therefore aligned.
The other side is worried: the application threshold probably won’t be low. In the end, the ones that can obtain licenses will basically be large institutions. Smaller crypto companies won’t be able to get in at all. This could turn the sector into a “large institutions only” game, squeezing out the survival space for small projects—and ultimately, that wouldn’t be good for the industry ecosystem long-term.
Personally, I don’t have a definite answer either. It just feels like both arguments have some merit, and it’s still hard to say which outcome will ultimately materialize. Let’s take it one step at a time.
Everyone can pay more attention to the number and direction of UK licenses that are actually issued later on. Do you think that the FCA officially opening licenses is good or bad for the European crypto industry? Let’s discuss in the comments.
$BTC
#英国FCA开放加密公司牌照申请
One side of my friends thinks this is a major positive: the UK is already one of Europe’s most core financial hubs. Now it’s genuinely opening up licensing for crypto companies, which means the compliance channel in mainstream developed countries is truly open. Going forward, compliant crypto firms can expand in the UK with legitimacy and clarity, and European institutional capital will be more willing to move in that direction as well. The logic for long-term incremental capital is therefore aligned.
The other side is worried: the application threshold probably won’t be low. In the end, the ones that can obtain licenses will basically be large institutions. Smaller crypto companies won’t be able to get in at all. This could turn the sector into a “large institutions only” game, squeezing out the survival space for small projects—and ultimately, that wouldn’t be good for the industry ecosystem long-term.
Personally, I don’t have a definite answer either. It just feels like both arguments have some merit, and it’s still hard to say which outcome will ultimately materialize. Let’s take it one step at a time.
Everyone can pay more attention to the number and direction of UK licenses that are actually issued later on. Do you think that the FCA officially opening licenses is good or bad for the European crypto industry? Let’s discuss in the comments.
$BTC
#英国FCA开放加密公司牌照申请