Wirex has announced that it has obtained an E-money license issued by the British regulator FCA. With this certificate, the company can claim to meet the highest standards and requirements.
In an article published on its website, Wirex announced that it has obtained an E-money license from the UK Financial Conduct Authority (FCA). The fintech specializing in the storage of crypto-currencies (wallets) and issuing credit cards to spend its bitcoins would be the third blockchain company in the world to obtain a license of this type.
The FCA aims to protect consumers and oversees the financial markets in the UK, obtaining a license will allow Wirex to gain trust with its customers.
Dmitry Lazarichev, co-founder of Wirex, said:
"The license shows that the company is committed to pursuing and achieving the highest levels of diligence and integrity in its business operations. Wirex's submission to FCA's jurisdiction should leave no doubt to customers that Wirex will provide them with an unparalleled platform and support service. "
Pavel Matveev, the second founder, also commented on the event:
"Wirex is now using an FCA electronic money license to improve and refine its e-money services across the European Economic Area (EEA). Having our own license means increased efficiency and lower costs. "
In addition, this license will also allow the firm to add other fiduciary currencies to its platform.