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FCA

Operating independently of the United Kingdom Government, the Financial Conduct Authority (FCA) regulates financial firms providing services to consumers and focuses on the regulation of conduct by both retail and wholesale financial services firms.

FCA's Role in Embracing Tokenisation for a Digital-First UK Financial System
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FCA's Role in Embracing Tokenisation for a Digital-First UK Financial System

The FCA's latest consultation on tokenisation aims to transform the UK's financial landscape by enhancing transparency, efficiency, and accessibility, positioning the UK as a leader in digital finance.

FCA Targets HTX for Unauthorized Crypto Promotions in the UK
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FCA Targets HTX for Unauthorized Crypto Promotions in the UK

The Financial Conduct Authority (FCA) has initiated legal action against HTX for allegedly breaching UK financial promotion rules, highlighting increasing regulatory scrutiny over crypto exchanges.

OKX Introduces Mandatory Risk-Awareness Questionnaires for UK Users
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OKX Introduces Mandatory Risk-Awareness Questionnaires for UK Users

OKX aligns with UK financial regulations by introducing mandatory risk-awareness questionnaires for its users, fostering responsible cryptocurrency trading and informed decision-making.

FCA Unveils Guidance on Cryptoasset Promotions Compliance
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FCA Unveils Guidance on Cryptoasset Promotions Compliance

The UK's Financial Conduct Authority has issued a finalised non-handbook guidance on Cryptoasset Financial Promotions, aiming to clarify compliance with new laws and balance consumer protection with innovation for long-term economic growth.

FCA Restricts Rebuildingsociety.com, Impeding Binance's UK Compliance Efforts
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FCA Restricts Rebuildingsociety.com, Impeding Binance's UK Compliance Efforts

The UK's Financial Conduct Authority (FCA) has imposed restrictions on Rebuildingsociety.com Ltd, a peer-to-peer lending platform, impacting its recent partnership with crypto exchange Binance for complying with the FCA's marketing regime. The regulation mandates firms to ensure transparent and fair marketing, affecting Binance’s strategy to serve the UK market. The move showcases the FCA's stringent stance towards ensuring marketing compliance, especially within the crypto sector.

UK's FCA Introduces New Financial Promotions Regime for Cryptoasset Firms
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UK's FCA Introduces New Financial Promotions Regime for Cryptoasset Firms

The UK's Financial Conduct Authority (FCA) has issued a letter to cryptoasset firms outlining a new financial promotions regime. This legislation, set to be enforced from 8 October 2023, requires all entities marketing cryptoassets to UK consumers, including those based abroad, to adhere to the new regime.

UK Government Adds New Crypto Amendment In Finance Regulation Bill
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UK Government Adds New Crypto Amendment In Finance Regulation Bill

The UK’s Financial Services and Markets bill published an amendment paper on Friday, portraying that the UK government is seeking to regulate crypto and ban unauthorized service providers.

Binu Paul Appointed as Head of Digital Assets in the U.K's FCA
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Binu Paul Appointed as Head of Digital Assets in the U.K's FCA

Binu Paul has been named the new head of digital assets at the Financial Conduct Authority (FCA), the primary financial regulator in the United Kingdom

Revolut Finally Wins FCA Registration to Offer Crypto trading Services in UK
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Revolut Finally Wins FCA Registration to Offer Crypto trading Services in UK

Revolut is finally added to the UK FCA’s register. The firm is now approved to operate its crypto trading services in Britain.

UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors
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UK FCA Warns of FTX Unauthorised Provision of Financial Services to Investors

The U.K.’s Financial Conduct Authority (FCA) issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or products in the country without authorization.

Hong Kong's Market Regulator Elected as new FCA Chair
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Hong Kong's Market Regulator Elected as new FCA Chair

With PM Boris Johnson expected to leave after a new leader is elected, the UK’s Financial Conduct Authority (FCA) has appointed Ashley Alder as its new Chair, commencing his term in January 2023.

UK Financial Regulator FCA Takes Conservative Approach on Crypto Regulation
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UK Financial Regulator FCA Takes Conservative Approach on Crypto Regulation

The United Kingdom’s Financial Conduct Authority (FCA) is not in a rush to add digital currencies to the list of industries or markets that fall within its jurisdiction.

UK Regulator FCA Appoints Victoria McLoughlin as Interim Head of Digital Assets Division
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UK Regulator FCA Appoints Victoria McLoughlin as Interim Head of Digital Assets Division

The regulator hired as its experienced law veteran to strengthen its team and lead FCA’s digital assets department.

Binance Appoints Former FCA Boss as Global Regulatory Head
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Binance Appoints Former FCA Boss as Global Regulatory Head

Binance exchange, the world’s largest cryptocurrency trading platform, has tapped the services of Steven McWhirter as its global director of regulatory policy.

UK Regulator FCA to Consult Crypto Industry Concerning Ecosystem & Regulation
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UK Regulator FCA to Consult Crypto Industry Concerning Ecosystem & Regulation

The United Kingdom Financial Conduct Authority (FCA) is calling stakeholders in the digital currency ecosystem to a two-day CryptoSprint event that will be taking place on 10 and 11 May respectively.