1 / 4 Relevant items tagged with #FCA

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Google to require FCA registration for crypto ads targeting the UK

[yesterday 7:26 AM] Google said that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.

Barclays-backed Copper withdraws UK crypto license application

[Dec 20 9:57 AM] The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.

FCA warns UK citizens to avoid Solana-based memecoin

[Dec 17 8:45 AM] The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.

A New Era Looms: FCA’s Vision to Reshape Crypto Rules by 2026

[Nov 27 4:30 AM] The Financial Conduct Authority (FCA) is pushing for sweeping crypto regulations by 2026, tackling market abuse, decentralized assets, and trading platform oversight in its evolving framework. Inside the FCA’s Crypto Overhaul: What 2026 Means for…

Bitget relaunches UK platform after compliance update with FCA rules

[Nov 12 10:01 AM] Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.

UK’s finance watchdog defends ‘too tough’ crypto stance

[Oct 22 10:52 AM] The FCA defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder UK global financial leadership.

Archax, Assetera partner to offer tokenized RWA in UK, Europe

[Oct 8 8:01 AM] Assetera and Archax are collaborating to provide investors with regulated access to tokenized funds, including real-world and digital assets.

Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources

[Oct 4 6:00 AM] The U.K financial services regulator issued the payments provider a 166 notice late last year

Bank of England and FCA launch Digital Securities Sandbox

[Oct 1 12:52 PM] The regulatory sandbox aims to strengthen the United Kingdom’s position as a global financial hub.

FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

[Oct 1 2:30 AM] Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case…

Man Pleads Guilty to Illegally Operating Crypto ATM Network in the UK

[Sep 30 12:53 PM] This marks the first U.K. conviction for running a crypto ATM operation.

Wallet in Telegram app temporarily blocked for UK users due to restructuring

[Sep 25 4:19 PM] Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.

UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

[Sep 16 2:00 PM] UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.

Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government

[Sep 15 3:30 AM] The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies…

FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

[Sep 11 12:30 AM] The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is…

Owner of unlicensed UK crypto ATM network faces criminal charges

[Sep 10 4:29 PM] The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration.

UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs

[Sep 10 12:42 PM] Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations.

UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

[Sep 9 1:30 AM] The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA…

87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls

[Sep 6 2:12 AM] Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money laundering adherence.

Nexo Reopens UK Registrations With Enhanced User Protections

[Sep 5 8:30 PM] Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with…

UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

[Sep 5 3:55 PM] The FCA approved only four of the 35 applications it received in the year ended March 31.

Crypto platform resumes UK registrations after 10-month FCA compliance pause

[Sep 3 11:04 AM] The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection.

UK’s FCA provides more guidance on crypto promotion compliance

[Aug 7 7:30 PM] The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.

UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October

[Aug 7 2:11 PM] The FCA's actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator's director of consumer investments, said in an interview.

UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers

[Jul 25 6:30 PM] The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the…

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

[Jul 25 5:40 AM] Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

[Jun 27 10:26 AM] The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

FCA busts suspects in $1.2B illegal crypto asset business

[Jun 21 2:44 AM] FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime.

UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust

[Jun 20 8:36 PM] The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed…

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

[Jun 20 6:14 AM] The two suspects were interviewed under caution by the FCA and then released on bail.