Seeing the UK FCA open up applications for crypto company licenses, and in the group chat people are saying Europe’s market is finally about to officially open.
To be honest, this UK license being loosened is definitely a good thing in the long run. It shows that mainstream financial markets are gradually becoming more accepting of the crypto industry, and the channels for more reputable institutions to enter later will also be smoother.
But I’m also a bit puzzled. Now, several big firms globally are applying for UK licenses—how many of them will actually be approved in the end? And once approved, will the regulatory requirements be stricter than expected? It’s hard to say.
I’ve also seen cases where countries said they would open up licenses, but when the details were released, the thresholds were so high they were scary, and only a few were truly able to implement it.
My personal view: this news is a long-term positive, but don’t get too carried away in the short term. Let’s take it one step at a time. Everyone can pay more attention to how many licenses are actually issued later and what the requirements are like. Do you think this time the UK is really planning to build up the European crypto market—or is it another situation where the thunder is loud but the rain doesn’t come? Chime in in the comments.
$BTC
#英国FCA开放加密公司牌照申请
To be honest, this UK license being loosened is definitely a good thing in the long run. It shows that mainstream financial markets are gradually becoming more accepting of the crypto industry, and the channels for more reputable institutions to enter later will also be smoother.
But I’m also a bit puzzled. Now, several big firms globally are applying for UK licenses—how many of them will actually be approved in the end? And once approved, will the regulatory requirements be stricter than expected? It’s hard to say.
I’ve also seen cases where countries said they would open up licenses, but when the details were released, the thresholds were so high they were scary, and only a few were truly able to implement it.
My personal view: this news is a long-term positive, but don’t get too carried away in the short term. Let’s take it one step at a time. Everyone can pay more attention to how many licenses are actually issued later and what the requirements are like. Do you think this time the UK is really planning to build up the European crypto market—or is it another situation where the thunder is loud but the rain doesn’t come? Chime in in the comments.
$BTC
#英国FCA开放加密公司牌照申请