Financial Conduct Authority
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.
FCA Concerned Over Binance Gaining Access to UK Payment Network: Report
The FCA said that its "concerns about Binance remain," though it has “limited powers to object to arrangements of this kind."
NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
The startup says it’s the first Lightning network-based firm to win approval from the U.K. regulator.
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.
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.
HSBC UK Blocks Payments to Binance Exchange
Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying the crypto exchange cannot conduct regulated activities in the country. “The Hash” panel discusses the latest enforcement action against Binance, possibly signaling the future of centralized exchanges.
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.
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.
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.
Barclays Blocks Payments to Binance in UK
U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country.
