The FCA has assumed more oversight responsibility in the crypto industry, including becoming the KYC and AML enforcer. Companies will need to be licensed afresh.
Effective January 3, 2020, FCA-licensed exchange Coinfloor will no longer offer access to Ethereum trading.
There has been a 74% increase in the total number of crypto-related investigations at this point as compared to October 2018, according to the U.K. Financial Conduct Authority.
The Financial Conduct Authority has issued a warning to the public regarding a clone firm that claims to offer investment services in cryptocurrency, stocks and forex.
U.K.-based CoinShares is seeking to enlist the support of its customers to lobby against proposed regulations by the Financial Conduct Authority.
Reuters learned Facebook had met with the Bank of England, the Treasury and regulatory officials before going public with its planned launch.
The U.K’s Regulator has issued their final opinion on current crypto laws, and it doesn’t lend a lot of confidence to investors.
The U.K. is preparing for a post Brexit world, and a big part of that will be additional regulatory controls on crypto.
The license will allow Prime Factor Capital to operate as a full-scope AIFM under the European Union’s AIFM Directive.
The Financial Conduct Authority (FCA) in the UK is considering a ban on the sale of cryptocurrency derivatives, such as contract for difference (CFD) investment products.
The FCA has called out a site that was fraudulently cloning another company and acting as an investment scam.