The UK FCA has granted approval for the first batch, and ClearToken has opened a new era of encryption settlement.

The UK regulators have finally taken a key step in the encryption market.
The London company ClearToken has obtained FCA authorization and will launch a settlement platform called CT Settle for processing spot transactions of encryption assets, stablecoins, and fiat currencies.

This means that for the first time in the encryption world, true Delivery versus Payment (DvP) can be achieved like in traditional finance — that is, money and coins are settled simultaneously without the need for advance payment.

The backers include Laser Digital, a subsidiary of Nomura Securities. ClearToken's goal is to bring the security and discipline of traditional settlement systems into the encryption trading space, addressing the structural risks that have long existed in the market.

In my opinion, this authorization is a key step for the UK in the global regulatory race.
While the United States still lingers in vague regulations, the United Kingdom has chosen to proactively establish digital asset Settlement standards. This is not only an invitation to traditional institutions but also builds a safer market foundation for retail investors.

In the future, as trading platforms, custodians, and clearing systems gradually move towards transparency and compliance, the cryptocurrency market is expected to upgrade from a casino model to a true financial market.

The approval of ClearToken is not just a victory for a specific project, but an important sign of the entire industry's move towards maturity.

This step means that the encryption world is one step closer to relying on systems rather than slogans for trust.
#ClearToken #FCA #UK regulation