TechFlow news, September 21 — According to the UK's Financial Times, the UK Financial Conduct Authority (FCA) has significantly improved the processing efficiency of cryptocurrency registration applications. Data shows that as of April this year, the average registration process for cryptoasset providers takes only five months, a sharp reduction from 17 months two years ago. The recent approval rate has risen to 45%, far higher than the less than 15% level seen in the previous five years.
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