Payment giant PayPal successfully registered as a crypto service provider with the U.K.'s Financial Conduct Authority (FCA), as per official FCA records. With the newly obtained "Paypal UK Limited" registration, the company can now extend its crypto offerings to its British user base. The move aligns with the FCA's stringent anti-money laundering measures, underscoring PayPal's commitment to regulatory compliance. This development follows the temporary suspension of crypto purchases for U.K. customers, attributed to the company's preparations to meet evolving regulatory standards.
