Online reports that Galaxy Digital has obtained permission to trade derivatives through its London office in the UK. Starting from 2020, companies carrying out certain crypto asset activities in the UK must comply with the revised money laundering, terrorist financing and fund transfer regulations and register with the FCA. There are currently 51 companies on the crypto asset register, including Coinbase, Fidelity, Gemini and Kraken, and only about 14% of applications are approved due to the FCA's strict approval process. It was previously reported that BlackRock has obtained approval from the UK's Financial Conduct Authority to operate as a crypto asset company in the country.