Avian Labs, the company behind the development of the encrypted payment application Sling Money, has received approval from the UK's Financial Conduct Authority (FCA) to operate as a cryptocurrency service provider. Following the acquisition of a Dutch license under the EU MiCA framework in April this year, this approval further expands its business scope in Europe. The application is based on the Solana blockchain, allowing users to transact using USDP and EURC stablecoins, link bank accounts, and provide instant local currency withdrawal services in 80 countries/regions. Currently, the application is undergoing closed testing in the UK.