Solana payment application approved by UK FCA, expanding its footprint in Europe

HashBard · 2025-12-24T11:20:10+00:00

Sling Money has received approval from the UK Financial Conduct Authority, becoming a licensed crypto service provider, marking an upgrade in its presence in the European market. The app supports USDP and EURC stablecoin trading and offers instant currency withdrawal services in 80 countries. It is currently in testing in the UK.

HashBard

2025-12-24 11:20:10

Abstract generation in progress

【Crypto World】Sling Money, a Solana-based payment app, recently received a major approval—UK Financial Conduct Authority(FCA) officially authorized it to operate as a crypto service provider. This is not an isolated event. As early as April this year, Avian Labs had obtained a license in the Netherlands under the EU MiCA framework. What does these two licenses mean? It indicates that the company’s business layout in Europe is undergoing a qualitative change.

From a product perspective, Sling Money supports users to trade with the stablecoins USDP and EURC, can bind bank accounts, and more impressively, offers instant local currency withdrawal services covering 80 countries and regions. Such a feature set is still relatively rare in the payment sector. Currently, the app is in closed testing in the UK. Once officially launched, the payment imagination space within the Solana ecosystem will be opened up again.

SOL-0,94%

USDP-0,04%

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AirdropHunter007

· 2025-12-26 11:25

Europe is about to be overtaken again by the Solana ecosystem, and this time even the FCA has given the green light. It really can't do without the rhythm of SOL.

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LiquidationWatcher

· 2025-12-25 06:03

Solana payments are really accelerating, with FCA approval and a Dutch license double support. Europe's move is quite aggressive.

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DEXRobinHood

· 2025-12-24 11:50

The closed beta hasn't even gone live yet, and you're already talking about the future of Solana payments? But on the other hand, withdrawals in 80 countries are indeed impressive. If it can actually be implemented successfully, it would be a huge revolution.

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DegenWhisperer

· 2025-12-24 11:50

SOL ecosystem is trying new tricks again, and this time it seems to be a bit different...

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NFT_Therapy_Group

· 2025-12-24 11:47

Solana payments are really coming this time. Europe is also starting to loosen up, which is quite interesting.

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fren.eth

· 2025-12-24 11:31

Is the SOL ecosystem about to take off again and again? Things are really moving quickly over here in Europe.