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UK's FCA hints at why its given only 15% of crypto firms the regulatory nod
27.1.2023
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants
UK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory Approval
26.1.2023
The Financial Conduct Authority has faced criticism over its arduous registration regime, with some companies dropping out of the process altogether
Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?
16.12.2022
Ashley Alder, the incoming chair of the UK’s Financial Conduct Authority (FCA), believes crypto firms are “deliberately evasive” and facilitate money laundering, asking for more regulations.
During a virtual meeting, Alder told UK Treasury members on Wednesday that many crypto platforms...
Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'
15.12.2022
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission (SFC) will be starting with the Financial Conduct Authority on Feb. 20
FCA’s incoming chair calls for further crypto regulation
15.12.2022
The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023
3 reasons why Ethereum price keeps rejecting at the $1,300 level
6.12.2022
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside
FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source
1.12.2022
A deal to buy Digivault, which is winding down operations, would include a crypto license in the United Kingdom
Santander Bank Limits Cryptocurrency Exchange Transactions – Find Out Why
4.11.2022
Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit on total monthly transactions.
In a note to customers on Thursday, the bank...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
3.11.2022
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s...
FCA's Crypto AML Compliance Chief Steps Down
18.10.2022
Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority
UK's FCA Appoints Binu Paul to Lead Its Digital-Assets Department
14.10.2022
Previously, Paul worked as the fintech lead at New Zealand's Financial Markets Authority
Google to Require Government Authorization to Provide Advertising Services for Financial Products in Spain
8.10.2022
Google, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries...
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...
FCA green lights Revolut, making no UK crypto firms operating under temporary status
27.9.2022
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March
Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK
27.9.2022
European fintech unicorn Revolut has finally won registration from the United Kingdom's Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait
UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization
18.9.2022
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K....
Tired of losing money? Here are 2 reasons why retail investors always lose
17.9.2022
A majority of “traders” end up being losers with empty portfolios. Here is exactly why
ePayments shutters as FCA Anti-Money Laundering regulations tighten
13.9.2022
The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years
FCA highlights limited role as unregistered businesses continue to operate
22.8.2022
Crypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many continue to operate without approval
Crypto.com Gets Regulatory Approval from the FCA in the UK
18.8.2022
Crypto.com has received registration approval from the UK Financial Conduct Authority, also known as FCA. It will now continue its operations in the region by offering its products and services to customers in the United Kingdom. All the products and services will now comply with local regulations....