Tag: FCA
Crypto Exchange Luno to Halt Some UK Clients From Investing in Crypto as FCA Regulation Looms
“The FCA has implemented new rules for crypto firms. As a result, all compliant crypto firms with U.K. customers are making a number of changes to the [...]
UK ‘Travel Rule’ Guidance Set Out by FCA as Stricter Rules Halt PayPal Crypto Business
Controversial new measures known as the travel rule, requiring crypto operators to identify the sender and recipient of funds transfers, are already l [...]
UK FCA Launches Permanent Digital Sandbox for Testing Financial Applications
A sandbox provides a secure setting in which developers can test and evaluate their products in the knowledge that any unintended side effects will be [...]
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
www.co [...]
UK FCA shuts down 26 crypto ATMs following coordinated investigation
United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), “disrupted” 26 of the 34 cryptocurrency ATMs it visited and inspected sin [...]
RBI to engage external managers for small part of FX reserves: Das
The Reserve Bank of India (RBI) has “offered” a small amount of its foreign exchange reserves to external asset managers to manage, though it is not [...]
UK Financial Watchdog FCA Cancels Binance Permissions on Firm’s Request
"As these permissions were unlikely to be required in the future, Binance Markets Limited decided that it would be prudent to cancel them in line with [...]
UK’s FCA Right to Propose Stop to Marketing Crypto Like Bitcoin (BTC) as ‘Inflation Resistant,’ Industry Members Say
“Due to bitcoin's relatively short existence, we have to rely on the fundamental concepts of what it represents as an asset, so theoretically, it bein [...]
Crypto ads face stricter rules including a referral bonus ban by FCA
The Financial Conduct Authority (FCA) announced today June 8, that starting from October 8, advertisers of crypto services in the United Kingdom will [...]
UK’s Financial Watchdog FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
Under the new rules, crypto will be classified as “restricted mass market investments,” which will require any advertisements or promotions to contain [...]
FCA Registered Crypto Firms Can Approve Their Own Ads, UK Gov Decides
The rule will allow the Financial Conduct Authority (FCA) to regulate crypto companies under the existing promotions law, and should help safeguard co [...]
UK FCA Wants to Work With the Crypto Industry to Develop Regulation, Executive Says
The U.K. has been looking to construct a new regime for "crypto - that one-time symbol of alternative rebellion - (which) has become more widespread," [...]
News Nuggets | 6 April: FCA Stops WealthTek; RoboForex Increases Partner Commissions
Balance Launches Bot for
Rebalancing Crypto PortfolioBinance, the world's largest
cryptocurrency exchange by trading volume, has introduced Rebalancin [...]
FCA officials tell UK parliamentary committee crypto regulation is unavoidable
Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Common’s Treasury Committee on March 8 to discuss the [...]
UK’s FCA Can’t Protect Crypto Investors From Losses, says Agency’s CEO
The country’s financial regulator, the FCA currently has powers to ensure crypto companies register and comply with anti-money laundering rules, but i [...]