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Fidelity Digital Assets receives FCA approval for its UK crypto business

The U.K. Financial Conduct Authority granted Fidelity Digital Assets registration for its digital asset custody and trade execution services, Fidelity announced today. Previously, the firm was listed as a temporary member, but the FCA has now moved it to the permanent register. With this comes a money laundering regulations (MLR) license, meaning the FCA considers Fidelity compliant with money laundering regulations related to crypto.  The FCA took over as the AML watchdog for crypto firms operating in the UK at …