UK FCA approves Sling Money to provide crypto payment services, stablecoin cross-border transfers gain regulatory recognition

TechFlow, Dec 24 — According to CoinDesk, the UK Financial Conduct Authority (FCA) has approved Sling Money, a crypto payment app under Avian Labs, to offer cryptocurrency services in the UK, making it one of the crypto payment firms backed by regulation from major jurisdictions. The app is currently in closed beta testing in the UK and has previously obtained regulatory approvals in the Netherlands and the United States.