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Regulation
UK Regulator Opens Crypto Permissions Route for Wholesale Banks Before 2027 Rules
(4 hours ago) · 1 source · Summarized by CryptoBipto
The UK financial regulator has opened a pathway for wholesale banks to obtain permissions for crypto-related activities ahead of broader rules expected in 2027. This allows qualifying banks to begin preparing for and engaging in regulated crypto services before the full regulatory framework takes effect.
WHY IT MATTERS
Think of this like a government opening early enrollment for a new licensing program.
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SOURCES
- newsbtc.com
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UK RegulationBankingCrypto LicensingInstitutional Adoption
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