The work the team are doing in the US does not require the FCA I believe tete.
Electroneum is not getting “regulated” in the US, it’s just getting the necessary legal acknowledgement to make its standing clear (in terms of security/legality of the ICO etc). This allows the team to push ETN in the US market (this would obviously include US exchanges, but also other things as well).
The team could of course push forward without this, but that’s not how Electroneum work and not something you do when you are in the middle of being assessed for FCA compliance in the UK as you mentioned.
More red tape, but that’s just whats required when working in the fin-tech sector and ensuring you meet all the necessary regulations and requirements. A price we pay for attempting to break into mainstream markets. A pain, but will be worth it moving forward in an industry rife with questionable practices. Time spent now will pay it forward tenfold down the line.