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Financial Conduct Authority

Digital asset firms continue to flounder in face of strict UK regulations
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13 February, 2024

Digital asset firms continue to flounder in face of strict UK regulations

Rishi Sunak’s vision of the U.K. becoming a global hub for Bitcoin will likely come true, and the U.K. will...
Indirect regulation: The unexpected impact of UK financial promotion regime on the digital asset industry
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16 January, 2024

Indirect regulation: The unexpected impact of UK financial promotion regime on the digital asset industry

While the United Kingdom has good intentions in enforcing laws on the digital asset industry, the new financial promotions regime...
OKX implements new rules under FCA’s latest guidelines for UK users
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5 January, 2024

OKX implements new rules under FCA’s latest guidelines for UK users

In compliance with the FCA's new order, OKX will test its retail customers to determine their eligibility to hold an...
Revolut suspends digital currency services for UK, cites new FCA rules
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21 December, 2023

Revolut suspends digital currency services for UK, cites new FCA rules

Revolut has joined PayPal, Luno, and Bybit, which have suspended some of their digital currency services in the United Kingdom,...
UK’s FCA unable to regulate digital currency, national auditor says
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13 December, 2023

UK’s FCA unable to regulate digital currency, national auditor says

U.K.'s National Audit Office criticized the pace at which the Financial Conduct Authority responds to digital currency threats and risks,...
UK permits tokenization for investment funds
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2 December, 2023

UK permits tokenization for investment funds

A group set up by the U.K. Treasury proposed allowing licensed investment funds to tokenize assets on DLT if they...
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