The post Sling Money Secures FCA Approval to Offer Crypto Services in the UK appeared on BitcoinEthereumNews.com.

Avian Labs’ Sling Money gains FCA approval, expanding stablecoin payment access while meeting strict compliance standards amid rising global adoption. Sling Money, a digital currency payment app by Avian Labs, has secured UK regulatory approval. The license comes as stablecoin payments gain traction around the world. Therefore, the approval is a strategic milestone for the company. Moreover, it is not without an uptick in regulatory involvement with crypto payment platforms. FCA Approval Expands Sling Money’s Regulatory Footprint The UK Financial Conduct Authority gave Avian Labs a nod to go into business as a crypto services provider. This approval is a registration of Sling Money as a Virtual Asset Service Provider. As such, the firm is required to comply with strict anti-money laundering and know your customer requirements. Previously, Avian Labs obtained approval under the European Union’s Markets in Crypto-Assets framework. The Dutch regulator made that authorization earlier. Therefore, the UK license greatly expands Sling Money’s way into Europe. Related Reading: Bybit Resumes UK Spot Trading Amid Evolving FCA Crypto Framework | Live Bitcoin News In addition, Sling Money is also regulated as a Money Services Business in the United States. Such layered oversight enhances its compliance profile. As such, the company joins a growing list of regulated crypto payment companies. The registration under the FCA is covered by the UK Money Laundering Regulations. Accordingly, it is focusing on AML and counter-terrorism financing supervision. However, it does not apply consumer protections through the Financial Ombudsman Service. In the same way, customers will not be covered by the Financial Services Compensation Scheme. Therefore, users are still liable to understand associated risks. This distinction is still important to retail participants. Sling Money’s approval comes as the use of stablecoins is increasing. Industry reports indicate that the stablecoin trade volume is trillions annually. As…

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Filed under: News - @ December 25, 2025 4:17 pm