BlackRock Wins UK FCA Approval to Regulate Crypto Assets in Europe

BlackRock, the world’s largest asset manager, has received critical regulatory approval from the UK Financial Conduct Authority (FCA) to oversee iShares Digital Assets AG, a firm issuing crypto-backed Exchange Traded Products (ETPs). This landmark decision opens the door for BlackRock to facilitate transactions involving these products and contribute to the growing digital asset landscape in Europe. ]