Sling Money will offer crypto services in the United Kingdom.

Sling Money Receives Approval for Crypto Services in the United Kingdom

Avian Labs, the developer of the Sling Money application, has received approval from the United Kingdom's Financial Conduct Authority to operate as a crypto service provider. This move comes in parallel with the growing popularity of stablecoin payments.

Sling Money allows users to transfer funds via the Solana blockchain. Additionally, it offers instant local currency withdrawal options in 80 countries. This application has previously been regulated in the Netherlands and the United States and is now available in closed beta in the United Kingdom.