The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.
There had been fears in the industry that crypto firms might be left in no man's land as the FCA deadline looked set to pass with many applications still waiting to be processed.
The FCA's ban could prompt some individuals to shift their crypto trading to offshore, unregulated exchanges.
The FCA’s retail investor crypto derivatives ban is a misuse of regulatory authority, argues Noelle Acheson. What’s more, its main justification is one of crypto assets’ strongest features.
The U.K. watchdog said it considers derivative products to be ill-suited for retail consumers due to the risks they pose.
The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime.
The firm became Britain's first FCA-approved crypto hedge fund last July.
The U.K. is ordering GPay to shut down on allegations that 108 clients lost £1.5 million, or $2 million, through the crypto exchange.
The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K.
The United Kingdom’s Financial Conduct Authority is asking investors to watch out for coronavirus-related crypto scams.
The Financial Conduct Authority said BitMEX had been targeting U.K. consumers without approval.
eToro isn't too worried about a potential U.K. ban on crypto derivatives, its U.K. managing director told CoinDesk.
Zeux reportedly touted an investment scheme with 5 percent interest but didn't state it sent the funds back to China using crypto.
A company that provides payment services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a license by the U.K.'s Financial Conduct Authority (FCA).
Blair Halliday becomes chief compliance officer for the U.K. and Europe at Gemini as the EU's Fifth Anti-Money Laundering Directive (AMLD5) goes into effect.