Interoperability is an essential aspect of owning your digital identity. This means that you should be able to move your avatars and assets between different platforms, allowing you to maintain your digital identity across multiple platforms and ensuring that your investments in virtual worlds and social networks are not lost if you decide to switch platforms. The New Frontier Presents (NFP) Store is a great example of a platform that offers interoperable assets. They accept thousands of different tokens across…
TRR Scheme
UK Crypto Businesses Could Cease Operations After Failing to Meet AML Rules
The Financial Conduct Authority (FCA) has announced that a “significantly high number” of crypto firms operating in the UK are failing to meet current anti-money laundering (AML) rules. The regulator pointed out that up to 50 companies dealing in crypto had withdrawn applications for the Temporary Registrations Regime (TRR) issued last year. The permit allowed crypto service providers to continue trading until the FCA could formally approve or reject their operations. We are extending the Temporary Registrations Regime for existing…
2 years ago 
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