UK FCA Greenlights ClearToken’s Crypto Settlement Platform – A Major Leap for Institutional Adoption
The Financial Conduct Authority just handed crypto its biggest institutional win of 2025.
ClearToken's blockchain-based settlement system passed regulatory muster—meaning banks and hedge funds can now trade digital assets with the same safeguards as traditional markets. No more cowboy custody solutions.
This isn't just another crypto startup getting a pass. The FCA's stamp of approval signals that serious money is about to flood into Bitcoin and altcoins. Watch for liquidity to surge as risk-averse institutions finally get their compliance paperwork in order.
Of course, the real question is whether Wall Street will still care about crypto now that they've successfully co-opted the technology. Nothing kills decentralization faster than bankers 'improving' it.
The FCA approves ClearToken’s cryptocurrency settlement platform
ClearToken announced on Tuesday that it had obtained approval from the FCA to operate CT Settle, its Delivery versus Payment (DvP) settlement platform. Following this approval, analysts noted that the platform will enable users to effectively spot trading stablecoins, regular currencies, and crypto assets.
Additionally, they said that once CT Settle is operational, regulated financial institutions will have access to a digital asset settlement system that complies with certain regulatory standards, similar to traditional financial systems.
When reporters reached out to ClearToken to comment on the topic of discussion, the company stated that the primary goal of CT Settle is to eliminate obstacles that institutions are reluctant to adopt digital assets, particularly due to concerns over counterparty risk, market efficiency, and liquidity.
Niki Beattie, the chair of ClearToken, also weighed in on the situation. As a strategic expert in financial market structure with over 30 years of experience in technology and capital markets, Beattie acknowledged that this authorisation will catalyse the widespread adoption of digital assets.
The FCA’s decision to approve ClearToken marks an emerging trend in the UK, where relevant companies are incorporating digital assets into the regular financial system.
The UK government intends to integrate digital assets into mainstream finance
Reliable sources reported that the Bank of England initiated discussions regarding stablecoins earlier this week and is seeking feedback on new rules that might be implemented next year.
This announcement followed reports that the Governor of the Bank of England, Andrew Bailey, had softened his stance on the potential risks that stablecoins pose to financial stability, demonstrating a more pragmatic approach towards regulation.
This MOVE comes as individuals raise concerns about the UK falling behind other countries in adopting stablecoins. These worries escalate particularly because the UK is lagging behind the US, which has advanced with the GENIUS Act.
Meanwhile, HM Treasury published a draft policy paper in April, outlining its plans to regulate crypto assets. This document aims to describe specific types of digital assets with precision, including crucial activities such as issuance, custody, and trading, while adhering to the UK regulatory framework.
The UK government has also made the market for crypto exchange-traded notes (ETNs) accessible to everyday investors, indicating a broader effort to integrate digital assets into mainstream finance.
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