UK FCA Seeks to Recover $8 Million for Crypto Regulation
The UK's FCA aims to recover $8 million for supervising stablecoins and crypto, part of a broader regulatory agenda.
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The UK's FCA aims to recover $8 million for supervising stablecoins and crypto, part of a broader regulatory agenda.
FCA approves crypto ETNs for professional investors, excluding retail participation, citing high risks. Institutional acceptance grows, but regulatory concerns persist.
OANDA 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.
Crypto.com's recent FCA approval as an E-Money Institution marks a significant step in its global regulatory journey, allowing enhanced offerings in the UK market while maintaining a focus on compliance and customer protection.
The EMI license empowers Crypto.com to introduce a range of UK-centric e-money offerings within the FCA's framework.
Users won't have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if issues arise.
Peddling crypto products in the UK? You’ll soon need authorization for that, says the country’s financial regulator.
As part of the plan, the FCA would restrict the amount of companies able to approve advertisements.
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors.
Victoria McLoughlin will be responsible for supervising crypto firms based in the U.K. as well as supporting development of a regulatory framework in line with government policy.