FCA

FCA

UK Regulator to Launch £11M Campaign Warning of Crypto Risks

The FCA is concerned younger crypto holders will behave "less rationally and more emotionally, egged on by anonymous and unaccountable social media influencers."

News  ·  15 July 2021

Binance Isn’t Allowed to be Operating in the UK, Watchdog Warns

On Friday, Japan’s financial regulator warned that Binance is operating in that country without permission.

Markets  ·  27 June 2021
CoinFlash

UK Financial Markets Regulator Warns About Unregistered Crypto-Asset Firms: Report

The FCA is warning consumers, banks and payment services about dealing with unregistered crypto-asset firms.

News  ·  23 June 2021
FCA

UK Regulator Finds 2.3M Adults Now Hold Crypto

However, overall understanding of crypto is in decline, the FCA survey revealed.

Business  ·  17 June 2021
FCA

UK Financial Watchdog Warns That ICO Crypto Is a Clone Company

The firm was identified as using details of the legitimate company, Swiss Re Capital Markets.

News  ·  10 June 2021
CoinFlash

UK’s AML Rules Could Force Up to 50 Crypto Firms to Cease Trading: Report

The FCA has expressed concern that a "significantly high number" of crypto-asset businesses are not meeting its standards on AML.

News  ·  4 June 2021
FCA

‘Blockchain Recovery’ Scam Is Posing as a Legit Firm, UK FCA Warns

The “clone” firm has been emailing and cold-calling investors and using the real company’s Firm Reference Number with a fake name, the regulator said.

News  ·  2 April 2021
FCA

UK Crypto Companies Now Have to Submit Financial Crime Reports

The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000.

News  ·  31 March 2021
Regulation

Payments Firm Wirex Pauses New Customer Onboarding on FCA Orders

The crypto-friendly firm will use this pause to strengthen its anti-money laundering controls.

News  ·  24 March 2021
CoinFlash

‘Thrill’ and ‘Status’ Driving Young People to Crypto Investment, Says UK Financial Watchdog

These young investors "skew more towards being female, under 40 and from a BAME background," the regulator said.

Policy & regulation  ·  23 March 2021
CoinFlash

UK Crypto Trade Group Calls for Action Over Chronic Delays to FCA Registrations

Only four out of 200 crypto businesses' applications to the FCA's Money Laundering Registration regime have seen a decision, said CryptoUK.

Policy & regulation  ·  15 March 2021
Regulation

Bybit to Suspend Services for UK Customers After FCA Crypto Derivatives Ban

Bybit said it will no longer be providing its services following the Financial Conduct Authority’s (FCA) ban on crypto derivatives.

News  ·  5 March 2021
FCA

UK Broker IG Group Stops Retail Crypto Derivatives Trades After FCA Ban

The firm said it has now reached its internal product limit for exposure to cryptocurrencies after an FCA ban on crypto derivatives in January.

Markets  ·  22 February 2021
Regulation

UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

Policy & regulation  ·  11 January 2021
FCA

UK’s Ban on Crypto Derivatives Goes Into Effect Today

The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.

News  ·  6 January 2021