The FCA in the UK approves Sling Money to provide cryptocurrency payment services

According to CoinDesk, the UK's Financial Conduct Authority (FCA) has approved the crypto payment application Sling Money, owned by Avian Labs, to provide crypto services in the UK, making it one of the crypto payment companies to receive regulatory support from a major jurisdiction.

The application is currently in a closed testing phase in the UK, having previously obtained regulatory approval in the Netherlands and the United States.