Diginex's crypto custody arm receives green light from UK financial watchdog

Cointelegraph

Published May 14, 2021 06:00AM ET

Updated May 15, 2021 08:20AM ET

Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider.

In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a stand-alone digital asset custodian in the United Kingdom. The move implies Digivault i in compliance with the financial watchdog’s rules on Anti-Money Laundering and Combating the Financing of Terrorism.

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