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Financial Conduct Authority

UK plans to launch Digital Securities Sandbox in 2024
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6 October, 2023

UK plans to launch Digital Securities Sandbox in 2024

Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as...
Bybit to suspend services in the UK after FCA drops new rules
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27 September, 2023

Bybit to suspend services in the UK after FCA drops new rules

As the Financial Conduct Authority mandates new stricter rules, Bybit decided to pause their operations in the U.K. to focus...
UK FCA warns digital asset firms over poor engagement with new rules
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26 September, 2023

UK FCA warns digital asset firms over poor engagement with new rules

The Financial Conduct Authority has issued final warning to unregistered digital asset firms for their low engagement to financial promotions...
Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’
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20 September, 2023

Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’

A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but...
Luno ceases service for some UK customers amid tough new rules: report
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13 September, 2023

Luno ceases service for some UK customers amid tough new rules: report

Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review...
UK’s Travel Rule comes into effect, requiring digital asset firms to seize funds from suspicious sources
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5 September, 2023

UK’s Travel Rule comes into effect, requiring digital asset firms to seize funds from suspicious sources

The U.K. Travel Rule came into force on September 1, requiring digital asset businesses operating in the country to collect,...
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