Morning all24 Jul 2024 08:33
There will be an application as hinted in RNS
“This process has been extremely helpful in shaping the Company's future roadmap for its stablecoin activities which may involve a future Regulatory Sandbox application or preparation for regulatory authorisation without the need for supervised testing. Discussions with the FCA continue, but regulatory authorisation in the UK for the Company's stablecoins is not seen as an immediate strategic priority or necessity as the Group's other operations develop.“
I’ve always said to don’t need FCA approval but it’s the icing on the cake. UK plc can’t figure things out then pointless waiting. DSS applications have to be in by 31/07