GSTechnologies steams ahead with stablecoin application to UK regulator

Fintech group GSTechnologies Ltd (LSE:GST) continues to make “significant” progress in its stablecoin application for admission to the UK Financial Conduct Authority (FCA)’s Regulatory Sandbox. The London-listed company’s application, as announced on 20 February of this year, continues to be processed by the FCA, though the approval process has extended beyond the anticipated timeframe, according to GSTechnologies’ corporate update.