TP ICAP obtains crypto exchange license in the UK

Dec 1 (Reuters) – TP ICAP Group (TCAPI.L) has got a license to register as a cryptoasset exchange provider with UK’s financial regulator through its Fusions Digital Assets marketplace, the world’s largest inter-dealer broker said on Thursday.The company, which offers broking services across commodities, credit, equities, FX asset classes, added the crypto exchange platform, which is for institutional investors only, will be operated by its unit Tullett Prebon Ltd.The news comes weeks after Britain’s Financial Authority (FCA) called on lawmakers to show their support for its unpopular decision not to grant licences to scores of crypto exchanges like …
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