FCA News

The Financial Conduct Authority (FCA) issued a final warning to companies promoting crypto assets to UK consumers. This warning letter detailed the agency’s previous outreach efforts and endeavors to assist crypto firms in complying with the rules. A bolded final…

The former FCA chairman claims he faced “political pressure” to welcome crypto firms, which are now under criminal investigation by U.S. authorities. Charles Randell, a former chairman of the UK’s Financial Conduct Authority (FCA), said he was under “political pressure”…

Amid tightening regulations from the UK's FCA, Bybit might halt operations from Oct. 8

From Sep. 1, 2023, crypto businesses in the UK will be legally required to collect, verify, and share transfer information, under the so-called "Travel Rule"

The UK's FCA said the Digital Sandbox to support technology firms will be permanently available as from August 1

In a bid to regulate the communication of information regarding crypto-related products, the Financial Conduct Authority (FCA) has introduced new rules that specifically target companies operating in the United Kingdom. This directive, as stated in a notice released on July…

The FCA is reportedly interested in developing a regulatory framework for crypto in collaboration with crypto firms. However this move does not sit well with the US who claim its all being done wrong.

As TikTok’s popularity continues to surge, the platform has become a hub for financial advice, particularly in cryptocurrencies. However, recent research indicates that many videos contain misleading information or promote scams.  A recent study by dappGambl examined 594 accounts and…

A recently leaked list has exposed several high-profile celebrities cashing in on promoting cryptocurrency projects on social media.  This revelation underscores the potential risks associated with taking financial advice from influencers. It casts a shadow over the integrity of the…

In their most recent move to disrupt unlicensed enterprises in the cryptocurrency industry, the British authorities have set their sights on cryptocurrency ATMs.

Jo Johnson, the younger brother of former British Prime Minister Boris Johnson, has left his position as an advisor to Binance. 

Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.

In response to the FTX crypto exchange's collapse, which left 80,000 UK investors with losses, the UK FCA and other international regulators are acting to protect investors.

The British Treasury is finalizing plans for a scheme to regulate crypto businesses in the region.

The British government unveiled a suite of measures designed to position Britain as a leading hub for crypto-related innovation and finance. The Minister of the Exchequer Rishi Sunak said, “The measures we’ve detailed today will help to guarantee enterprises can…

Crypto had been having a tumultuous season, still, to see household name FTX fall, came as a surprise to many. The much-discussed cryptocurrency platform was launched in 2019. By 2021, they reported revenues of $1.02 billion, figure evidence of their…