Crypto’s Coming-of-Age: FCA’s Grand Licensing Spectacle 🎭
In a twist worthy of a Dickensian farce, existing registrations expire like yesterday’s croissants. Firms clinging to the UK’s anti-money laundering rules (MLRs) or electronic money regulations must now grovel anew under the Financial Services and Markets Act (FSMA). It’s a brave new world where even the most venerable crypto-barons must beg for scraps of approval. 🙃



