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Financial Conduct Authority

UK watchdog: Memes are non-compliant with financial rules
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20 July, 2023

UK watchdog: Memes are non-compliant with financial rules

The FCA disclosed that the incoming rules would focus on the social media promotion of digital and other financial assets,...
UK digital asset regulation: Gambling or finance?
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17 July, 2023

UK digital asset regulation: Gambling or finance?

Proposals to integrate digital assets into U.K. financial regulation were briefly plunged into doubt by the Treasury Select Committee in...
FCA shuts down 26 digital currency ATMs illegally operating in UK
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15 July, 2023

FCA shuts down 26 digital currency ATMs illegally operating in UK

Steve Smart, FCA's executive director of enforcement and market oversight, noted that users' funds in digital currency ATMs "will not...
UK: Bulk of digital currency firm license applications rejected by FCA
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12 July, 2023

UK: Bulk of digital currency firm license applications rejected by FCA

The financial regulator argues that its AML/CFT laws on "crypto assets" would help bring extra credibility to the U.K., a...
UK’s financial watchdog clamps down on digital currency promotion with new regulations
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8 July, 2023

UK’s financial watchdog clamps down on digital currency promotion with new regulations

VASPs in the U.K. have until October 8 to comply with the new rules laid out by the FCA, which...
UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules
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6 July, 2023

UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules

The Financial Conduct Authority wrote to unregistered firms marketing digital assets to U.K. customers, warning them to comply with the...
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