FCA
Why UK Financial Watchdog Wants to Shut Down Crypto ATMs
The U.K.'s Financial Conduct Authority (FCA) has stated that crypto ATMs operating in the country are illegal due to money laundering regulations. “The Hash” hosts examine how this might affect crypto usage, noting the privacy benefits of bitcoin ATMs and the possible impact on Ukrainian refugees who are fleeing their country with their savings in cryptocurrency assets.
UK FCA Orders Operators to Shut Down Crypto ATMs
Any crypto ATMs in the U.K. are operating illegally, the financial watchdog said.
UK FCA Opened Over 300 Crypto-Related Cases in 6 Months of 2021
The regulator has 50 live investigations into businesses that have not registered with it.
Are Crypto Investors Savvy or Suckers? The UK’s Tax and Financial Regulators Don’t Agree
The two agencies' differing opinions are impeding the development of comprehensive guidelines that would protect investors and ensure crypto's development.
UK Financial Regulator to Limit Crypto Ads to Sophisticated, Wealthy Investors
The FCA also intends to ban incentives such as refer-a-friend and new-joiner rewards.
Binance Is Threatening to Block UK Derivatives Traders in a Move to Keep Regulators at Bay
U.K. users have until February to confirm if they are private investors or be blocked from accessing futures, margin, leveraged tokens and more.
Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report
“We want to continue to establish a presence in the U.K. and serve U.K. users in a fully licensed and fully compliant manner.”
CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
The London-based company provides data and benchmarks for digital assets based on market research and methodologies.
Crypto Firm Crypterium Secures FCA Registration
The registration makes sure that as Brexit measures kick in, Crypterium can continue to provide crypto wallet services to customers in the U.K.
DeFi Custodian Trustology Gets Green Light From UK’s FCA
The march toward institution-friendly DeFi continues.
