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BlackRock approved to offer crypto services in UK, expanding digital asset footprint – TON BOT

BlackRock approved to offer crypto services in UK, expanding digital asset footprint

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BlackRock has received approval from the FCA to operate as a registered crypto asset firm in the UK, allowing it to support iShares Digital Assets AG in managing crypto-related ETPs. The firm is limited to specific activities, such as facilitating transactions, selling digital assets for fiat currency, and converting assets during redemptions. The approval could potentially allow BlackRock to expand its iShares Bitcoin ETP to the UK, offering secure and regulated access to Bitcoin through traditional stock exchanges.

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