Tag: FCA

Market News

FCA Targets HTX Over Illegal Crypto Ads Aimed at UK Users

FCA sues HTX for illegal UK crypto ads; court allows serving offshore entities via alternative means. Social media and app blocks requested to...

Market News

Debanking Still An Issue? UK Banks Reject or Delay 40% of Payments to Crypto Platforms

UK banks currently block or delay approximately 40% of all payments headed for cryptocurrency exchanges. Around 70% of crypto firms say that banking...

Regulations

Crypto News: Bank Of England Warns That Loosening Stablecoin Laws Could Be A Disaster Waiting To Happen

Here’s why the Bank of England says that relaxing stablecoin rules for regulating sterling-backed currencies might be a bad idea. The Bank of England has...

News

UK FCA Plans to Ban Borrowed Funds for Retail Crypto Investments

FCA to ban credit use for retail crypto investments. FCA mulls credit checks for crypto lending and borrowing. The UK’s financial regulator is reportedly...

News

Galaxy Digital UK Gains FCA Approval for Derivatives Trading

Galaxy Digital UK secures FCA approval for derivatives trading. UK crypto regulations strengthen Galaxy Digital’s growth. Galaxy Digital UK, a subsidiary of the well-known...

Exchange News

Coinbase Secures FCA Approval as Registered Crypto Provider

Coinbase receives UK FCA approval, extending its European market reach. The exchange plans to expand its worldwide cryptocurrency presence by focusing on Southeast...

Regulations

GSR Markets UK Receives FCA Approval for Crypto Asset Trading

GSR Markets UK gains FCA approval, expanding its crypto trading services. The firm strengthens its global presence and supports regulated trading solutions. GSR, a global...

Bitcoin ATMs

London Resident Denies Charges of Operating Illegal Crypto ATMs

London man denies charges of operating illegal cryptocurrency ATMs and laundering £300,000, as FCA continues crackdown on unlicensed operators. A London resident has denied allegations...

Bitcoin ATMs

UK Court Convicts Osunkoya for Operating Illegal Crypto ATMs

Olumide Osunkoya has pleaded guilty to multiple offences related to running an unregistered cryptocurrency ATM network across the United Kingdom. This case, heard at...

Bitcoin Mining

CEX.IO Resumes UK Operations After 10-Month FCA Compliance Suspension

CEX.IO restarts UK operations and provides access to 190 digital assets following FCA compliance. The UK's position as a worldwide digital hub is...

DeFi

Nexo Reopens UK Operations with Enhanced Compliance and Client Education

Nexo's new onboarding process follows FCA requirements, improving user risk awareness. The platform's 10-month halt allowed for a full modify to meet UK...

Bitcoin News

Crypto Enterprise Copper Technologies Begins Operating in Switzerland

Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying...

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Tag: FCA