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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.

UK Financial Regulator Restricts Binance Crypto Business
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UK Financial Regulator Restricts Binance Crypto Business

The United Kingdom Financial Conduct Authority (FCA) issued a restriction to Binance, requesting Binance Markets Limited to remove all advertising and financial promotions and close the business by the evening of this Wednesday.

UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies
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UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies

The United Kingdom Financial Conduct Authority (FCA) has released the latest report about cryptocurrency awareness among UK adults. Study shows that up to 78% UK adults heard of cryptocurrencies.

FCA Warns Crypto Businesses Fail to Meet UK’s Money Laundering Regulations Standard
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FCA Warns Crypto Businesses Fail to Meet UK’s Money Laundering Regulations Standard

The UK’s Financial Conduct Authority has disclosed that many crypto firms are withdrawing their applications to register with the agency.

Crypto Exchange CEX.IO Receives Temporary Registration Status with UK FCA
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Crypto Exchange CEX.IO Receives Temporary Registration Status with UK FCA

The UK Financial Conduct Authority (FCA) has granted crypto exchange CEX.IO a temporary registration status to operate until July 9, 2021.

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms
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UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

The UK’s FCA has just announced a “temporary registration regime” which allows crypto firms who have previously applied to continue operating until July 2021.

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ
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BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

BitMEX CEO Arthur Hayes has stepped down from his position, alongside Samuel Reed, the company's CTO.

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors
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UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms
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UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms

The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
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Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
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ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

UK Government Wants FCA Oversight on Crypto Investment Advertising
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UK Government Wants FCA Oversight on Crypto Investment Advertising

The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU
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Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).

UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies
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UK Financial Regulator Reveals: 1.9 Million British Adults Own Cryptocurrencies

The Financial Conduct Authority (FCA) in the UK reported that 1.9 million adults own cryptocurrencies, representing 3.86% of the general population. The regulator also noted that 75% of them hold crypto worth less than £1,000, approximately $1,230.

UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized
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UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized

The Financial Conduct Authority (FCA) in the UK mandated with regulating financial markets and service firms in the nation has blown the whistle on Seychelles-based crypto exchange BitMEX for not being authorized.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations
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UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.