FCA


Markets

UK's Ban on Crypto Derivatives Goes Into Effect Today

The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.

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Markets

UK FCA Grants Crypto Firms Temporary Registration as It Deals With Applications Backlog

There had been fears in the industry that crypto firms might be left in no man's land as the FCA deadline looked set to pass with many applications still waiting to be processed.

London, U.K.

Markets

UK Crypto Derivatives Ban Seen Having Limited Effect on Small Market

The FCA's ban could prompt some individuals to shift their crypto trading to offshore, unregulated exchanges.

(Piotr Swat/Shutterstock)

Policy

Crypto Long & Short: A UK Ban on Crypto Derivatives Will Hurt, Not Protect, Investors

The FCA’s retail investor crypto derivatives ban is a misuse of regulatory authority, argues Noelle Acheson. What’s more, its main justification is one of crypto assets’ strongest features.

British pounds

Policy

FCA Bans Crypto Derivatives for Retail Consumers in UK

The U.K. watchdog said it considers derivative products to be ill-suited for retail consumers due to the risks they pose.

(Piotr Swat/Shutterstock)

Policy

UK Watchdog Eyes Extension of Money Laundering Risk Reporting to Crypto Firms

The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime.

City of London, UK

Markets

Prime Factor Capital Is Shutting Down: Lack of Capital Cited as Prime Factor

The firm became Britain's first FCA-approved crypto hedge fund last July.

queen elizabeth

Markets

UK Court Orders Crypto Exchange to Shut Down After Clients Lose $2M

The U.K. is ordering GPay to shut down on allegations that 108 clients lost £1.5 million, or $2 million, through the crypto exchange.

Royal Courts of Justice, London, U.K.

Markets

UK Financial Watchdog Warns Crypto Firms to Register Before End of June

The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K.

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Markets

UK Financial Regulator: Watch Out for Coronavirus Crypto Scams

The United Kingdom’s Financial Conduct Authority is asking investors to watch out for coronavirus-related crypto scams.

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