Odaily Odaily News Galaxy Digital has obtained a license in the UK to conduct derivatives trading through its London office. Since 2020, companies conducting certain crypto asset activities in the UK must comply with revised money laundering, terrorist financing and funds transfer regulations and register with the FCA. There are currently 51 companies on the crypto asset register, including Coinbase, Fidelity, Gemini and Kraken. Due to the FCA's strict approval process, only about 14% of applications can be approved. It was previously reported that BlackRock has been approved by the UK Financial Conduct Authority to operate as a crypto asset company in the country.