BPX Exchange Receives UK FCA Approval for Institutional Services

BPX Exchange has received official authorization from the UK’s Financial Conduct Authority (FCA) to register on the UK crypto business register, according to reports from Foresight News and CoinDesk. BPX, a platform specializing in tokenization, serves institutional clients within the UK. The platform provides trading services for digital securities and approves promotional content for its member companies. It is important to note that this registration does not encompass retail customer services or cryptocurrency exchange operations. Since 2020, only 52 companies have been approved by the FCA for registration, highlighting the stringent regulatory landscape within the cryptocurrency sector.