FCA

FCA

Policy

UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities

The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.

FCA building with logo (FCA)

Policy

UK Financial Regulator to Introduce Isolated Environment for Testing Financial Applications

During a pilot phase, the environment was used to test the eco-friendliness of decentralized ledgers.

Photo of people entering the FCA building

Policy

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.

Nikhil Rathi, CEO, UK Financial Conduct Authority

Policy

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.

Photo of people entering the FCA building

Policy

UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June

The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.

FCA building with logo (FCA)

Policy

UK Financial Watchdog Cancels Binance Permissions on Firm's Request

U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Policy

Bitstamp, Interactive Brokers Join UK Crypto Register as First Additions in 6 Months

Crypto companies wishing to do business in the country must register with the Financial Conduct Authority.

FCA building with logo (FCA)

Policy

FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say

A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.

(Yuichiro Chino / Getty Images)

Policy

Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says

Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.

Matthew Long, director of payments and digital assets at the FCA. (FCA)

Policy

UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules

The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.

FCA building with logo (FCA)