[Oct 30, 2023 4:43 AM] Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.
[Oct 26, 2023 7:30 PM] Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified
[Oct 25, 2023 7:36 PM] Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too.
[Oct 25, 2023 5:55 AM] The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct.8.
[Oct 12, 2023 7:17 AM] The U.K. financial regulator said earlier in the year it was speaking to firms and trade groups in relation to proposals on fund tokenization.
[Oct 10, 2023 8:04 AM] The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner.
[Oct 9, 2023 6:30 PM] British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines…
[Oct 4, 2023 1:22 AM] Bybit and PayPal have recently withdrawn certain services from the U.K. and Luno has halted some U.K. clients from investing in crypto – just ahead of tough new promotions rules for crypto firms coming into effect.
[Oct 2, 2023 9:20 AM] With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.
[Sep 22, 2023 9:29 AM] Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.”
[Sep 19, 2023 6:22 AM] While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.
[Sep 14, 2023 10:09 AM] Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
[Aug 16, 2023 1:30 PM] In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their…
[Aug 16, 2023 10:20 AM] Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator.
[Jul 20, 2023 10:00 AM] The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
[Jul 19, 2023 10:54 AM] The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
[Jul 18, 2023 5:06 AM] The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June.
[Jul 17, 2023 8:26 PM] Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.
[Jul 11, 2023 3:30 PM] The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against…
[Jul 11, 2023 2:02 AM] 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.
[Jun 20, 2023 3:30 PM] Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased…
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