United Kingdom


Markets

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.

architecture-5366005_1280

Videos

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.

CoinDesk placeholder image

Markets

HSBC UK Blocks Payments to Binance Exchange

The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.

HSBC

Policy

UK Starts Consultation on Applying 'Travel Rule' to Crypto

The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.

Union Jack Flag

Policy

Europe and UK Binance Users React to Recent Restrictions Placed on Exchange

Binance users from Europe and the U.K. feel let down by both the exchange and their local financial institutions.

Binance CEO Changpeng "CZ" Zhao

Finance

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.

CoinDesk placeholder image

Markets

Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning

Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

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.

(Piotr Swat/Shutterstock)

Markets

UK Financial Markets Regulator Warns About Unregistered Crypto-Asset Firms: Report

The FCA is warning consumers, banks and payment services about dealing with unregistered crypto-asset firms.

The FCA's website.

Policy

Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin

The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”

Bank of England