UK FCA Fines Coinbase Subsidiary $4.5 Million for Compliance Breach
Coinbase's UK subsidiary fined $4.5 million for onboarding high-risk clients, stressing the importance of strict compliance.
BerniceCoinbase's UK subsidiary fined $4.5 million for onboarding high-risk clients, stressing the importance of strict compliance.
BerniceWisdomTree said it has received approval from the Financial Conduct Authority to list a pair of physically-backed cryptocurrency ETPs tracking bitcoin and ethereum on the London Stock Exchange.
JinseFinanceOANDA Crypto Launches Following Acquisition of Coinpass, Offering Over 63 Cryptocurrency Trading Pairs Including Bitcoin, Ether, and XRP
AlexOANDA launches FCA-registered OANDA Crypto in the UK, expanding its global presence in digital assets. Offering diverse cryptocurrency pairs, the platform emphasizes regulatory compliance and strategic growth.
EdmundThe EMI license empowers Crypto.com to introduce a range of UK-centric e-money offerings within the FCA's framework.
BrianWith the official nod from the FCA, PayPal is now authorised to provide certain crypto services to the UK market and promote these offerings to its local clientele.
KikyoMore than 200 companies have received alerts for violating the new advertising rules since their inception on October 8.
ClementUsers won't have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if issues arise.
DavinAs part of the plan, the FCA would restrict the amount of companies able to approve advertisements.
BeincryptoThe Royal Mint NFT featured in a series of announcements aimed at making the U.K. a global crypto hub, with officials saying the NFT is “an emblem” of the approach the U.K. “is determined to take.”
Cointelegraph