Temporary Registration

UK cryptocurrency businesses celebrate normalisation as Bitcoin exceeds $20k for the first time

The milestone coincides with today's FCA approval for a Temporary Registration Regime for UK crypto assets Cryptocurrency businesses are today celebrating a historic milestone for Bitcoin as the asset exceeded $20k for the first time this afternoon. Although many commentators attribute the cryptocurrency's year-long rally to increasing popularity with institutional investors, there is also evidence of growing popularity and usage at a mass consumer level with the ground set for further growth in 2021. Nick Jones, founder, and CEO of Zumo, a UK-based crypto wallet and exchange platform, said: "The