We wanted to update everyone on the latest information we have received from the Financial Conduct Authority (FCA) in the UK.
Trustology Ltd has been temporarily registered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as a cryptoasset business until 9 July 2021, pending the determination of our application by the Financial Conduct Authority.
You can find further information in the Press Release the FCA have prepared here.
The whole Trustology Team have been working strenuously over the past 12 months to prepare a solid registration for the FCA, in order to ensure it meets the high standards expected by the FCA's 5AMLD guidelines.
We are looking forward to completing the application process early in 2021.