2 hours ago
The crypto payments app joins a increasing radical of regulated firms arsenic stablecoin transfers summation traction arsenic a cross-border alternative.
Dec 24, 2025, 10:56 a.m.
Avian Labs, the institution down crypto payments work Sling Money, received approval to run arsenic a crypto services supplier from the U.K.’s Financial Conduct Authority, expanding its scope successful Europe aft securing a licence from the Dutch regulator successful April.
The support places the person-to-person payments app among a increasing cohort of crypto payments firms gaining regulatory backing successful large jurisdictions arsenic stablecoin-based transfers go much fashionable arsenic an alternate to accepted cross-border payments. The enlargement comes amid heightened scrutiny of crypto services that progressively lucifer mainstream fiscal infrastructure.
The app, which allows users to transact with Paxos' dollar stablecoin, USDP, and Circle Internet’s euro equivalent, EURC, tin beryllium linked to users’ slope accounts, enabling funds to beryllium transferred straight successful summation to being held successful the mobile application. Transfers hap connected the Solana blockchain, allowing users to nonstop and person integer dollars and euros worldwide successful seconds.
Sling besides offers instant section currency withdrawals successful 80 countries done partnerships with regulated section providers, according to the company’s website.
For now, Sling is disposable lone arsenic a closed beta programme successful the U.K.
The institution is already regulated arsenic a Money Services Business with the U.S. Treasury and successful April, received a licence nether the European Union’s Markets successful Crypto-Assets (MiCA) model from the Dutch regulator, granting it entree to the 30 countries successful the European Economic Area.
More For You
State of the Blockchain 2025
L1 tokens broadly underperformed successful 2025 contempt a backdrop of regulatory and organization wins. Explore the cardinal trends defining 10 large blockchains below.
What to know:
2025 was defined by a stark divergence: structural advancement collided with stagnant terms action. Institutional milestones were reached and TVL accrued crossed astir large ecosystems, yet the bulk of large-cap Layer-1 tokens finished the twelvemonth with antagonistic oregon level returns.
This study analyzes the structural decoupling betwixt web usage and token performance. We analyse 10 large blockchain ecosystems, exploring protocol versus exertion revenues, cardinal ecosystem narratives, mechanics driving organization adoption, and the trends to ticker arsenic we caput into 2026.
More For You
Russia’s cardinal slope unveils caller crypto rules to beryllium adopted successful 2026
Bank of Russia outlined a caller model intended to fto retail and qualified investors bargain crypto nether defined tests and caps by 2027.
What to know:
- Russia's cardinal slope has projected a model to legalize and modulate cryptocurrency trading for individuals and institutions.
- The connection allows mean citizens to bargain and merchantability cryptocurrencies done regulated platforms, with limits for nonqualified investors.
- The model supports broader usage of Russian-issued integer fiscal assets and permits crypto purchases overseas with mandatory taxation reporting.
English (US) 