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Financial Conduct Authority
UK digital asset industry needs tough regulations to ‘detoxify,’ FCA says
In a recent hearing before lawmakers, Financial Conduct Authority CEO and Chair Ashley Alder said that regulations are critical, but...
FCA takes further action against unregistered crypto ATMs in East London
The Financial Conduct Authority is ramping up efforts to clamp down on unregistered crypto ATMs, working alongside the National Economic...
UK banks HSBC and Nationwide limits digital currency purchases with credit cards: report
HSBC and Nationwide are not the only banks with digital currency purchase restrictions in the U.K., as Santander, Lloyds Bank,...
UK’s FCA to clamp down on digital currency ATMs operating without permits
The Financial Conduct Authority said the law mandates all providers of digital currency services to seek registration with the regulators,...
UK is falling behind in digital currency race, former Chancellor says
While Switzerland and the European Union are leading the race to become a digital assets hub, Philip Hammond believes the...
85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says
The FCA revealed that 5% of firms that had applied for authorization were accepted on the first attempt, while 85%...
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