UK Regulator Partners With Epiphyte to Test Bitcoin Remittances (

Epiphyte, an instant settlement service provider, has secured a partnership with the UK to become the first to conduct FCA-regulated blockchain-based payments.
The Financial Conduct Authority (FCA), a financial regulatory body of the UK which oversees all of the country’s financial markets, has authorized Epiphyte to launch a service called SpecialFX, via the FCA’s sandbox.
Essentially, SpecialFX is expected to operate as an alternative to the conventional SWIFT network, an…