
Financial Conduct Authority
UK watchdog defends ‘too tough’ digital currency standards
The FCA's blockchain and digital currency standards focus on AML/CFT compliance, consumer protection, communications standards, operational resilience, and stablecoin-specific regulations.
US hopeful for new regulations; UK defends ‘crypto’ approach
Amid the impending lame-duck Congress, the U.S. remains optimistic that the two tabled digital asset regulations will pass this year,...
Telegram Wallet disabled in UK; PayPal targets businesses
The in-app Telegram Wallet says it disabled the services to seek regulatory clearance from the FCA, despite having been operational...
UK digital asset registration dips, compliance rises
The Financial Conduct Authority has registered a 51% slump in digital asset applications in the last three years, while the...
UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that...
EU, UK regulators launch consultations on digital asset data reporting and wallets
The call for information is open until September 13; after that, the regulators will analyze all responses received and provide...