Bottlepay Becomes the First Lightning Company to be a Registered Cryptoasset Business with the FCA

Bottlepay is one of a small number of cryptoasset firms to have secured such approval and is the first Lightning Network payments company to have done so. FCA registration requires firms to demonstrate that they comply with the UK’s anti-money laundering and counter-terrorist financing regulations. “Our registration with the FCA is an achievement not just for Bottlepay, but for the Lightning Network,” said Bottlepay founder Pete Cheyne. “Securing FCA registration is a breakthrough event and is a testament to NYDIG’s and Bottlepay’s commitment to compliance. About NYDIGNYDIG is a bitcoin company powering a more inclusive economic system.