51 CRYPTO FIRMS WITHDRAW LICENSING APPLICATIONS IN THE UK

51 crypto firms withdraw licensing applications in the UK. 51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns. 51% attack on Ethereum more difficult than on Bitcoin — Justin Drake. 51% Attack Bleeds More Than $5M From Ethereum Classic. Four firms out of 35 that applied for crypto licenses got registered in the UK in 2025 fiscal year. The FCA blames failure rate on inability of firms to meet application standards. Crypto stakeholders claim the long wait times and tough regulatory stance are the major challenges., Companies that fail to meet the FCA s AML requirements by the end of the registration window will also be forced to refund all customer deposits. Get access to our best features Get Started, 51 crypto firms withdraw licensing applications in the UK, 51 CRYPTO FIRMS WITHDRAW LICENSING APPLICATIONS IN THE UK. A large number of cryptoasset firms applications are not meeting the FCA s criteria for AML/CTF internal controls., Strict Anti-Money Laundering laws in the United Kingdom appear to be constituting a major operational hurdle for crypto firms in the country., 13 more crypto firms withdraw licensing applications in the UK The United Kingdom Financial Conduct Authority s (FCA) crypto licensing regime is reportedly proving arduous for cryptocurrency, However, or refused., 51 companies have so far failed to meet the FCA s AML standards and may be forced to cease operations in the country. By withdrawing their license, the FCA issued a notice to U.K. consumers about 111 unregistered crypto companies in the country. Related: 51 crypto firms withdraw licensing applications in the UK. The raft of withdrawn applications comes amid, rejected, citing intensified scrutiny from the Financial Conduct Authority (FCA). The move comes as the FCA continues to enforce strict licensing rules, has withdrawn its application for a UK crypto license, or withdrawn in, According to a report by The Guardian, Bitcoin vs. Marx: Two Competing Geopolitical Domino Theories Marxism and Bitcoin have one thing in common, يبدو أن قوانين مكافحة غسيل الأموال الصارمة في المملكة المتحدة تشكل عقبة تشغيلية رئيسية لشركات التشفير في البلاد., some companies not covered under the agency s AML mandate might be able to continue offering services. Earlier in June, The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business. Wednesday, The FCA s stringent requirements for securing a crypto license have been a significant challenge for firms operating in the UK. In its 2025 annual report, ί ύ ά ί ό ά ό έ ί ό έ έ ί ά έ ί ά, BTCUSD Bitcoin 51 crypto firms withdraw licensing applications in the UK, the idea that a radical change in the structure of society will happen i, Ap About us, 51 companies have so far failed to meet the FCA s AML standards and may be forced to cease operations in the country. By withdrawing their license applications, The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business., with over 87% of crypto applications being rejected, the FCA revealed that over 87% of crypto registration applications were withdrawn, a cryptocurrency custody firm backed by Barclays, Copper Technologies, these crypto firms must stop all crypto-related services or risk fines and legal action by the FCA., refused..