FCA Cryptocurrency Scam Probes Up 74% in 12 Months
UK regulators are increasingly shinning the spotlight on cryptocurrency businesses to root out bad actors. Combating Cryptocurrency Scams According to The Telegraph, the Financial...
FCA Pondering Crypto-Derivatives Ban
The UK’s Financial Conduct Authority (FCA) intends to ban crypto-related derivatives aimed at retail investors, according to a recent article published by The Economist. A...
Bitcoin And Ether Don’t Need Regulation: UK Finance Watchdog
The UK’s top financial watchdog has concluded that Bitcoin and Ether do not require regulation, whereas utility tokens and some stablecoins will. The FCA Makes Decision on Bitcoin...
Two Years Too Late: BBC Claims Flurry of Bitcoin Investors ‘Think...
According to the BBC, a whole industry of “cryptoassets” has built up in recent years, with Bitcoin at the helm. Shocking news, right? Good thing the BBC’s mission...
UK’s Financial Watchdog May Soon Ban Sale of Crypto Derivatives
UK’s Financial Conduct Authority (FCA) is consulting today on a cryptoassets guidance. The financial watchdog will decide later this year whether to outlaw certain cryptocurrency...
Major Hong Kong Winemaker is Buying a Japanese Cryptocurrency...
A major winemaker, listed on the GEM board of the Hong Kong Stock Exchange is to acquire a majority stake in a Japanese cryptocurrency trading platform. The deal is meant to...
UK: FCA Investigations Into Crypto Businesses Have Doubled Since May
FCA (Financial Conduct Authority), UK’s Financial watchdog, has doubled the number of investigations into cryptocurrency companies to 50 since May 2018. FCA Increasingly Looking...
Winklovoss’ Gemini Exchange Looks to Challenge Coinbase in the...
Gemini, a New York-based cryptocurrency exchange owned by the Winklevoss Twins is eyeing a move to the UK. Winklevoss Twins Look to Set Up Shop in The UK According to the Financial...
UK MPs Urge Regulation for ‘Wild West’ Crypto Industry
The UK Treasury Committee published a report on crypto-assets for its Digital Currencies inquiry. In the report, they seem keen on pushing a ‘Wild West’ analogy. Time...
FCA Urges UK Banks to Adopt Robust Security Measures Against...
The Financial Conduct Authority (FCA), U.K.’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the...
FCA Clarifies Stance on Cryptocurrency Offerings – Derivatives...
In a statement issued on Friday by the FCA, the UK’s financial watchdog, the agency announced that all companies wishing to provide cryptocurrency derivatives would...
UK Banks – scared of the regulator… or competition?
It is a fact that UK banks are unwilling to provide their services to distributed ledger technology (DLT) companies. However, the Financial Conduct Authority (FCA) has questioned...