Financial Conduct Authority

FCA Said Binance Had Complied With Its Requirements, But Was ‘Not Capable’ of Being Supervised

The FCA had ordered Binance to cease carrying out regulated activity in the U.K.

News  ·  25 August 2021

Crypto Startup Ramp Secures FCA Registration

The "PayPal for crypto" service Ramp has become the eighth firm to win registration with the U.K financial watchdog.

News  ·  6 August 2021
Binance

Binance Payments Cut Off by Clear Junction

The decision was taken after the FCA said Binance is not permitted to undertake any regulated activity in the U.K.

Policy & regulation  ·  12 July 2021
Binance

Binance’s UK Woes Fuel Migration to Rival Crypto Exchanges: Report

Bitstamp has seen customer numbers more than double since the FCA said Binance Markets should not be operating in the U.K.

News  ·  8 July 2021
Binance

Binance Said to Be Hiring ‘UK Version of Brian Brooks’

The crypto exchange is looking for a U.K.-based ex-regulator or government official, according to people familiar with the plans.

Business  ·  7 July 2021
Binance

Barclays Block Is Based on ‘Inaccurate Understanding,’ Binance Says

An FCA warning refers to Binance Markets, not www.binance.com, the crypto exchange said.

News  ·  6 July 2021
Crypto

Crypto Firms Are Giving Up UK Regulatory Registration Bids: Report

The number of companies abandoning their bids to register with the financial watchdog has increased by a quarter in less than a month.

News  ·  29 June 2021
Financial Conduct Authority

Mode Global Approved by UK Regulator for Crypto-Asset Registration

Mode now plans to decommission its "Bitcoin Jar" investment product to focus on building a payment system with a bitcoin cashback offering.

News  ·  24 June 2021
Crime

Uphold Exec Accused of ‘Fraudulently Misdirecting’ $700K in Funds

Uphold's former chief compliance officer allegedly misdirected corporate and user funds. He denies the claim, though a private investigator says there may be more.

Business  ·  21 May 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
United Kingdom

FCA Registration U-Turn Still Leaves Costs for UK Startups

The FCA's decision not to enforce its own January registration deadline is little comfort to crypto startups that have been in limbo for months.

Policy & regulation  ·  17 December 2020
Regulation

Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading

The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.

Policy & regulation  ·  6 July 2020
ICOs

UK Finance Regulator Warns Against Cryptocurrency Derivatives

The U.K. Financial Conduct Authority warned against investing in cryptocurrency-based contracts in a post published Tuesday.

Policy & regulation  ·  14 November 2017
Europe

UK Regulator: DLT Startups Are Being Denied Banking Services

The U.K.'s Financial Conduct Authority found that DLT businesses do not receive loans from banks as much as other companies.

Business  ·  23 October 2017
Regulation

‘Very High Risk’: UK Finance Watchdog Issues Statement on ICOs

The U.K.'s Financial Conduct Authority is the latest in a wave of regulators to issue a formal warning on initial coin offerings.

Policy & regulation  ·  12 September 2017