Sling Money developer Avian Labs has been granted permission to offer cryptocurrency services in the UK.

Odaily Planet Daily reports that Avian Labs, the developer of Sling Money, has received approval from the UK Financial Conduct Authority (FCA) to operate as a cryptocurrency service provider. The app allows users to transfer funds via the Solana blockchain and offers instant local currency withdrawals in 80 countries. Sling Money is already regulated in the Netherlands and the US and is currently in closed beta testing in the UK. (CoinDesk)