Sling Money Receives FCA Approval: A Major Turning Point for Crypto Services in the UK

MysteryBoxBuster · 2026-03-23T09:46:21+00:00

Avian Labs' Sling Money received validation from the UK's Financial Conduct Authority, enhancing its legitimacy in cryptocurrency payments. The platform features stablecoins for instant transfers in 80 countries, signaling Europe's growing regulatory support for crypto innovations.

MysteryBoxBuster

2026-03-23 09:46:21

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Avian Labs, the founding company of Sling Money, has taken a strategic step in Europe with the official approval from the UK Financial Conduct Authority. This regulatory recognition confirms the legitimacy of the cryptocurrency payment platform and marks an acceleration of its deployment on the continent following the authorization granted by Dutch regulators a few months earlier.

A crypto platform ready to transform cross-border transfers

Sling Money offers an innovative payment experience by providing two stable digital currencies: USDP and EURC, operating on the Solana blockchain. This technological combination allows users to make instant transfers to their local bank accounts, now covering 80 countries. The app is currently in closed beta in the UK, offering limited access before a broader commercial rollout.

Europe positions itself as a key region for innovation in crypto payment services

This approval aligns with a growing trend of regulatory openness toward cryptocurrency solutions in Europe. The successive involvement of the Netherlands and the UK indicates a gradual harmonization of supervisory frameworks, creating a favorable environment for crypto fintechs. Benefiting from this regulatory confidence window, Sling Money positions itself as a key player in democratizing access to digital and decentralized payment services.

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