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...
