Genesis, a crypto firm offering services to institutions, has been added to the UK Financial Conduct Authority’s temporary crypto register.
Prior to this registration, the firm had been left out of a list of nearly 90 other companies that the Financial Conduct Authority had authorized for operational activities.
The FCA is a government body responsible for regulating all financial activities in the United Kingdom. All UK companies, individuals, and entities have to be assessed by the regulatory body and promise to uphold a provided framework of conduct before they can do any trading, banking, accounting, etc.
So, do you think it will have any impact on Bitcoin's position?
Source
https://mycryptoparadise.com/the-fca-adds-genesis-custody-to-its-temporary-crypto-register/