The Financial Conduct Authority (FCA) has extended the end date of the Temporary Registrations Regime (TRR) for existing cryptoasset businesses 31 March 2022.
The TRR was established last year to allow existing cryptoasset firms, which applied for registration before 16 December 2020, whose applications are still being assessed, to continue trading. It was originally set to end on 9 July 2021.
A significant number of businesses are not meeting the required standards ...