FCA
UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say
Lobby group CryptoUK called for more clarity from the FCA on guidance for upcoming crypto ad rules.
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.
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.
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.
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.
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.
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.
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 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.
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.
