United Kingdom: FCA extends registration approval deadline for certain cryptoasset providers

On 30 March 2022, the United Kingdom Financial Conduct Authority (FCA) extended the deadline for the Temporary Registration Regime (TRR) for certain firms which had not yet been approved for permanent registration, allowing them to continue offering their services. In particular, the FCA noted that it is extending the approval deadline for a small number of firms where it is necessary to maintain temporary registration because they may be pursuing an appeal or may have particular winding-down circumstances.