{"id":2920582,"date":"2023-10-06T11:31:10","date_gmt":"2023-10-06T15:31:10","guid":{"rendered":"https:\/\/wordpress-1016567-4521551.cloudwaysapps.com\/plato-data\/komainu-obtains-fca-registration\/"},"modified":"2023-10-06T11:31:10","modified_gmt":"2023-10-06T15:31:10","slug":"komainu-obtains-fca-registration","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/komainu-obtains-fca-registration\/","title":{"rendered":"Komainu Obtains FCA Registration"},"content":{"rendered":"
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The UK Financial Conduct Authority (FCA) has granted Komainu
\nthe approval to operate as a custodian wallet provider, granting it access to
\nthe UK’s crypto-custody market. This approval was obtained by the Nomura-backed crypto platform under the Money
\nLaundering, Terrorist Financing, and Transfer of Funds Regulations 2017.<\/p>\n

With the FCA’s approval, Komainu can now provide
\ncrypto-custody services in the UK. This includes the provision of collateral
\nmanagement services through its Komainu Connect, a collateral management platform, for safe and
\ncompliant storage and handling of digital assets in the region, the company said.<\/p>\n

Nicolas Bertrand, CEO of Komainu<\/a>, stated: “This is a
\nkey regulatory milestone as the UK remains one of the most important hubs for
\nfinancial technology and innovation that will spur the convergence of
\ntraditional and decentralized finance.”<\/p>\n

“We are perfectly positioned to take advantage of the
\ngrowing digital asset ecosystem in the UK, and other key jurisdictions, and
\nremain committed to our growth plans.”<\/p>\n