Cross-border payments firm Clear Junction has joined the UK Cryptoasset Business Council (UKCBC).
The UKCBC advocates on behalf of the digital assets/crypto sector in the UK.
According to a note from the UKCBC, crypto is at a key inflection point due to MiCA, and ETFs, etc., Simon Jennings, Executive Director at UKCBC, says that Clear Junction joining the group is a testament to their mission of UK’s cryptoasset and Web3 sectors.
Sasha Skoryk, Director of Product and Banking at Clear Junction, said:
“The UKCBC is the ideal forum to drive the sector forward and inform regulations that protect consumers and businesses. We are looking forward to contributing our expertise, experience and insights to the council and working with it to advance the UK crypto sector.”
Clear Junction was launched in 2016 and is a UK FCA-regulated firm. The company provides access to accounts, virtual IBANs, payment networks, FX and e-wallets quickly, safely, and in compliance with industry and regulatory requirements.
In 2023, Clear Junction acquired UK-regulated cryptoasset firm Altalix, which specializes in crypto trading.
Earlier this month, CI interviewed Dima Kats, CEO at Clear Junction.